Identify Which of the Following Statements Is True

question 100

Multiple Choice

Identify which of the following statements is true.

• A)An election for an S corporation to use the Sec. 179 expensing election is made by the corporation and not by its shareholders.
• B)The S corporation's separately stated items are in general the same ones that apply in partnership taxation.
• C)An S corporation cannot claim a dividends-received deduction.
• D)All of the above are true.

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Definitions:

Marginal Revenue

is the additional revenue that a firm receives from selling one more unit of a good or service.

Nondiscriminating Pure Monopolist

A monopolist that charges all consumers the same price for its product, regardless of the differences in their willingness to pay.

Marginal Revenue Curves

A graphical representation showing how an additional unit sold affects total revenue, typically sloping downwards for firms with market power.

Nondiscriminating Monopolist

A monopolist who charges the same price for their product to all consumers, rather than adjusting the price based on market segmentation or consumer willingness to pay.