As a Consequence of Recent Changes to the Corporations Act

question 85

True/False

As a consequence of recent changes to the Corporations Act 2001 (s.254C),shares of a company are no longer considered to be issued at a premium or a discount.

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Definitions:

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, will begin to decrease, assuming all other variables are constant.

Short Run

A time period in economics during which at least one input is fixed while others are variable.

Marginal Products

The additional output that is produced by utilizing one more unit of a variable input, holding all other inputs constant.

Sales Clerks

Employees who assist customers, handle transactions, and maintain merchandise organization in retail environments.