Suppose the Numbers in Parentheses Represent Two Points on a Line

question 169

Multiple Choice

Suppose the numbers in parentheses represent two points on a line: (59 billion quarts; $4) and (78 billion quarts; $6) .The line is most likely a

• A)production possibilities frontier for milk.
• B)supply curve for milk.
• C)demand curve for milk.
• D)ray through the origin.
• E)time series line.

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Definitions:

Marketable Securities

These are liquid financial instruments that can be quickly converted into cash at a reasonable price, such as stocks or bonds.

Current Ratio

It's a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year.

Quick Ratio

A financial metric that assesses a company's ability to meet its short-term obligations using its most liquid assets, excluding inventory.

Marketable Securities

Financial instruments that can be easily converted into cash, such as stocks, bonds, or treasury bills, typically held for short-term investment purposes.