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Author Question: The profits of a partnership are A) taxed as personal income. B) subject to a corporate tax. C) ... (Read 126 times)

vHAUNG6011

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The profits of a partnership are
 
  A) taxed as personal income.
  B) subject to a corporate tax.
  C) taxed as capital gains indexed for inflation.
  D) exempt from taxation.

Question 2

The figure above shows the market for coffee. When the efficient quantity of coffee is produced, the marginal social cost of the last pound is
 
  A) 2.50.
  B) 3.50.
  C) 3.00.
  D) 2.00.



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AISCAMPING

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Answer to Question 1

A

Answer to Question 2

C





 

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