During a bankruptcy proceeding, the debtor’s only assets (equipment worth $150,000) are being liquidated to pay the only two creditors. Creditor A has a $100,000 unsecured claim against the debtor, and creditor B has a $100,000 secured interest in the equipment. How will the $150,000 from the sale of the equipment most likely be distributed?

The strength of the economy depends on the balance pf production and consumption of goods and consumption of goods and services

What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?