Regarding income taxes, which do you think is more important and why? a. The average tax rate that a firm pays.
b. The marginal tax rate the firm is paying.

Which of the following best describes why you need to establish goals for your program?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.