Barbour and Wright state that agencies often reach agreements about dividing up policy turf to avoid competition. A good example of this is the historical practices of __. a. the USDA b. the Civil Aeronautics Board c. the armed services d. the EPA

What is the most important factor that affects the value of a company? a) cash flow b) earnings c) supply and demand d) number of employees

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices