A Corporation Incurring a Net Operating Loss in 2019 Can

question 55

True/False

A corporation incurring a net operating loss in 2019 can only carry that loss forward to offset profits in future years.

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Definitions:

Marginal Utility

The additional satisfaction or utility received from consuming one more unit of a good or service.

Demand Schedule

A demand schedule is a table that lists the quantity of a good that consumers are willing to purchase at various prices.

Total Utility

The overall satisfaction or benefit a consumer receives from consuming a certain quantity of a good or service.

Marginal Utility

The additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service.