Answer:
a. Wesley's gain = $139,520, but due to section 121 exclusion, he doesn't need to recognize any gain at all.
b. Basis for the new residence is equal to its price = $325,000
c. if the sales price was $800,000, then the gain would = $576,520
section 121 exclusion = $250,000
recognized gain = $326,520
adjusted basis = $325,000
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(C) price equal to marginal cost.
Monopoly is a market condition with only one seller of a product where there is barriers to entry of others and presence of no substitutes.
The level of profit is maximised in a monopoly when the marginal cost equal the marginal revenue. They choose an output and price certainly without exceeding the marginal revenue. The price is greater than average revenue of the production and get the profit maximise output.
In case monopoly quantity will be lower and the price will be higher than that of a competitive firm. Marginal revenue can only be zero when the production falls or not have been started yet.
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1. Memorable
Dissection is an interesting approach to take when teaching science. For one, it creates a long-lasting impression on the students’ minds. Most people can remember what they did in the lab yesterday easily than some theory they have just gone through. So it is easy to recall an activity that you have engaged in that is why dissecting in equally important as the theory aspect of the lesson.
2. Proper understanding
Another obvious reason why dissection is important is because it is a hands-on activity which provides a chance for students to carry out investigations aside from what they learn in class. They are able to test how truthful their theory is while comparing it to what they see while carrying out the dissection.
3. Tactile experienceThere are rules on how dissection is carried out and these are among the many things that students are taught about before they begin any dissections. There are also certain tools which are needed for dissection and which tools differ from one creature to another. Armed with this information and proper guidance and practice, students are able to acquire proper dissection skills which will no doubt be useful in higher level science lab classes