1st attempt The short-run equilibrium for a monopolistically competitive firm is at price equals $29, average total cost equals $22, and marginal cost equals marginal revenue equals $18. Which of the following is true? Choose one:

A. The firm is operating in the upward-sloping portion of average total cost (ATC)
B. Per-unit profit is $11.
C. The firm could decrease the price and increase profts.
D. More firms will be attracted into the industry.
E. The firm could increase the price and increase profits

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?