In the short run in perfect competition, if a firm’s demand curve intersects the MC curve below the ATC but above the AVC, which of the following is true? The firm should produce in the short run and the long run

The firm should shut down in the short run and long run

The firm should produce in the short run but shutdown in the long run

The firm should shutdown in the short run but produce in the long run

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading

Which of the following will be a source of cash flows for a shareholder of a certain stock? i. sale of the shares at a future date ii. the firm in which the shares are held paying out cash to shareholders in the form of dividends iii. the firm in which the shares are held increasing the total number of shares outstanding through a stock split