An Example of Common Resource Is

question 13

Multiple Choice

An example of common resource is

• A)fish in the ocean.
• B)air traffic control.
• C)the Ambassador Bridge which goes between Windsor Ontario and Detroit.
• D)the Internet.
• E)national defence.

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Definitions:

Retained Earnings

Retained earnings are the cumulative amount of net income left over for a company after it has paid out dividends to its shareholders, reinvested in the business, or used to pay off debt.

Treasury Stock

Shares that were issued and later reacquired by the corporation, reducing the number of outstanding shares in the market.

Common Stock

Shares of ownership in a corporation, giving holders voting rights and a share in the company's profits via dividends.

Cash Dividends

Payments made by a corporation to its shareholders, usually in the form of cash from its profits.