Which of the following is true with regards to writing off the costs of computer and telecommunications expenses on your tax return? a. it's best to depreciate the items over time. b. it's best to expense the purchase during the tax year the purchase was made. c. only 50% of the cost of the items can be written off as a business expense. d. these expenses can't be written off on a personal tax return.

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.