A marginal external cost of a product is equal to A. what the producer has to pay to hire resources to produce another unit.

B. the cost the producer incurs to produce another unit.

C. what the consumer must pay when he or she buys the good or service.

D. the cost someone other than the producer incurs when another unit is produced.

E. None of these answers describes a marginal external cost.

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?

Which of the statements is true about the values recorded in the balance sheet of a firm?