The firm initially produced 500 pants and 700 shirts. if the firm decides to increase the number of shirts by 100 units, the opportunity cost will be pants. if the firm is at point e and decides to increase the production of shirts by 500 units, the opportunity cost will be pants.

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes