Beaver corporation owns a parcel of land with a fair market value (fmv) of $75,000 and a basis of $40,000. beaver exchanges the land for a building with an fmv of $65,000. the corporation also receives $10,000 in cash. both proper-ties are investment properties for beaver.

a. what is beaver’s amount realized on the exchange?
b. what is beaver’s realized gain or loss on the exchange?
c. how much of the realized gain or loss must beaver recognize?
d. what is the character of the recognized gain or loss?
e. what is beaver’s basis in the building it acquired?

the question using the following data, which show all available techniques for producing 20 units of a particular commodityresource resource prices possible production techniques#1 #2 #3 #4 #5land $4 2 4 2 4 4labor 3 1 2 4 1 3capital 3 5 2 3 1 2entrepreneurial ability 2 3 1 1 4 1assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit, the firm will

Ok, so, theoretical question: if i bought the mona lisa legally, would anyone be able to stop me from eating it? why or why not?

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.