1. If the market value of an asset is greater than the book value of an asset, we will pay taxes on the sale. A. TRUE B. FALSE 2. Firms favor straight-line depreciation because it leads to higher NPVs for a capital budgeting project. A. TRUE B. FALSE 3. As we increase leverage for a firm, shareholders will have a higher expected return as well as greater risk.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

Money from an allowance or job is known as .

After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.