Examlex

Solved

-In the Figure Above, If 4 Million Computers Are Produced

question 107

Multiple Choice

  -In the figure above, if 4 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources. A) marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers B) marginal benefit of a computer exceeds the marginal cost of a computer, so more computers C) marginal cost of a computer exceeds the marginal benefit of a computer, so more computers D) marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers
-In the figure above, if 4 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources.


Definitions:

Balance Sheet

A financial statement that showcases a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of the company's financial condition.

Stockholders' Equity

Stockholders' equity is the residual interest in the assets of an entity after deducting liabilities, representing ownership equity spread among shareholders.

Statement of Cash Flows

This document explains how alterations in balance sheet accounts and profitability influence cash and equivalents, with the analysis divided into operational, investment, and financial activities.

Cash Receipts

The money received by a business during a given period, from transactions such as sales, debt collections, or asset sales.

Related Questions