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DOUBLE TAXATION: The payment of income taxes on corporate profits twice, once when it is received by a corporation as profit and second when it is received by shareholders as dividends. Double taxation has been thorn in the side of those who own a lot of corporate stock and thus receive a lot of stock dividends. It is also problem in standard corporations (C corporations) which as given rise to a newer legal type of firm, S corporation, which is not subject to double taxation.
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AVERAGE FACTOR COST AND MARGINAL FACTOR COST A mathematical connection between average factor cost and marginal factor cost stating that the change in the average factor cost depends on a comparison between average factor cost and marginal factor cost. For perfect competition, with no market control, marginal factor cost is equal to average factor cost, and average factor cost does not change. For monopsony and other firms with market control, marginal factor cost is greater than average factor cost, and average factor cost rises.
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ORANGE REBELOON
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Today, you are likely to spend a great deal of time visiting every yard sale in a 30-mile radius hoping to buy either a set of serrated steak knives, with durable plastic handles or a pair of blue silicon oven mitts. Be on the lookout for telephone calls from former employers.
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On a typical day, the United States Mint produces over $1 million worth of dimes.
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"The tragedy of life is not so much what men suffer, but rather what they miss. " -- Thomas Carlyle, Historian
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VSE
Vancouver Stock Exchange (Canada)
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