Stephanie's building, which was used in her business, was destroyed in a fire. stephanie's adjusted basis in the building was $175,000, and its fmv was $210,000. stephanie filed an insurance claim and was reimbursed $200,000. in that same year, stephanie invested $180,000 of the insurance proceeds in another business building. assuming the proper election is made to defer gain, stephanie's basis in the new building will be

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)