The international airport in brezuela, a vibrant city in the country of bonitas, auctions an exclusive license every year to a taxi company for the right to serve the airport's passengers. victor diego is the owner of speedy motors, the taxi company that won this year's license. currently, with average revenue at $2 per mile, speedy motors earns marginal revenue of $1 per mile. since there are no other taxis available at the airport, victor feels that they can increase profits by increasing fares. however, his daughter, lola diego, a student of economics, disagrees with him and says that a hike in fares will decrease profits. which of the following, if true, would strengthen lola's argument? a. the current fare that speedy motors charges is higher than what taxi services in the city charge. b. feedback surveys at the airport show that consumers prefer taking taxis to riding buses because they are faster. c. the demand for taxis at the brezuela airport is consistently high throughout the day. d. speedy motors operates similar airport taxi services in other cities as well. e. speedy motors currently operates at the point where the marginal cost incurred per mile is equal to the marginal revenue earned per mile.

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.