Examlex
-The graph shows costs and benefits of a mosquito control program, which is a public good:
a) What is the quantity of spraying that achieves efficiency?
b) What is the political equilibrium if voters are well informed?
Equity Method
The equity method is an accounting technique used by firms to assess the profits earned by their investments in other companies by reporting these profits in proportion to their ownership.
Net Income
The total profit of a company after all expenses, taxes, and costs have been deducted from total revenue. It indicates the company's financial performance over a specified period.
Owned Subsidiary
A company whose majority of shares is held by another company, making it controlled by the parent company.
Intra-entity Gross Profit
Profits arising from transactions within the same entity, requiring elimination during the consolidation process to avoid overstatement of revenues.
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