The marginal revenue curve is a straight line beginning at the same point on the: select one: a. horizontal axis as the demand curve but with twice the slope. b. horizontal axis as the demand curve but with half of the slope. c. vertical axis as the demand curve but with twice the slope. d. vertical axis as the demand curve but with half of the slope.

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?