Corporate dividends are:
a) tax-free because the income is taxed at the personal level when earned by the firm.
b) tax-free because they are distributions of aftertax income.
c) tax-free since the corporation pays tax on that income when it is earned.
d) taxed at both the corporate and the personal level when the dividends are paid to shareholders.
e) taxable income of the recipient even though that income was previously taxed.

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.