Suppose the Socially Optimal Output Is 134 Units of a Good

question 183

Multiple Choice

Suppose the socially optimal output is 134 units of a good and the market output is 95 units of the good. A possible reason the market produces "too little" is that

• A)marginal private benefits are less than marginal social benefits.
• B)marginal private benefits are greater than marginal private costs.
• C)marginal private benefits are greater than marginal social benefits.
• D)marginal private costs are greater than marginal private benefits.
• E)b and c

Understand and describe various ownership structures and their implications on consolidation accounting.

Understand the accounting treatment of intra-entity dividends for both financial reporting and tax accounting.

Identify the criteria for filing consolidated income tax returns among entities.

Analyze the impact of ownership percentage on the ability to file consolidated income tax returns.

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