-The Above Table Shows Production Points on Sweet-Tooth Land?s Production

question 46

Multiple Choice

$$\begin{array} { | l | l | l | } \hline \text { Point } & \begin{array} { l } \text { Production } \\\text { chocolate } \\\text { bars }\end{array} & \begin{array} { l } \text { Production } \\\text { cans of cola }\end{array} \\\hline \text { A } & 0 & 100 \\\hline \text { B } & 10 & 90 \\\hline \text { C } & 20 & 70 \\\hline \text { D } & 30 & 40 \\\hline \text { E } & 40 & 0 \\\hline\end{array}$$
-The above table shows production points on Sweet-Tooth Land?s production possibilities frontier. Which of the following is an example of a point that is inefficient?

• A) 20 chocolate bars and 80 cans of cola
• B) 38 chocolate bars and 0 cans of cola
• C) 0 chocolate bars and 100 cans of cola
• D) 32 chocolate bars and 40 cans of cola

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Definitions:

Net Sales

The revenue generated from goods or services sold by a business, minus returns, allowances for damaged or missing goods, and discounts.

Average Total Assets

The mean value of all assets owned by a company over a specific period, used to evaluate financial health and operational efficiency.

Current Ratio

A financial metric used to assess a company's ability to pay off its short-term liabilities with its short-term assets.

Year-End Balance Sheet

A financial statement that shows a company's assets, liabilities, and equity at the last day of the fiscal year, providing a snapshot of its financial condition.