Pa and Pb represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of quantity(Qc) of the public good. Qs represents the quantity of the public good supplied by the government at each of the collective prices. Refer to the information below. if the collective willingness to pay for an additional unit of this public good is $6, then the collective quantity demanded will be :.
Qc Pa Pb Qs
1 $4 $5 5
2 3 4 4
3 2 4 3
4 2 3 2
5 1 2 1
a) 4 units and the socially optimal quantity supplied will be 2 units
b) 1 unit and the socially optimal quantity supplied will be 5 units
c) 2 units and the socially optimal quantity supplied will be 4 units
d) 3 units and the socially optimal quantity supplied will be 3 units

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

In a transportation minimization problem, the negative improvement index associated with a cell indicates that reallocating units to that cell would lower costs.truefalse