Use the Following to Answer Question

question 80

Multiple Choice

Use the following to answer question:

-(Table: Production Possibilities Schedule II) Use Table: Production Possibilities Schedule II.If an economy is producing at X,the opportunity cost to it of producing at Y is _____ units of consumer goods per period.

• A)2
• B)1
• C)6
• D)18

---

Definitions:

Voluntary Dissolution

It refers to the process by which a corporation's stakeholders decide to formally and legally end the corporation's existence.

Directors

Shareholders select individuals to monitor the management and decide on key issues for a corporation.

Shareholders

Individuals or entities that own share(s) in a corporation, granting them certain rights like receiving dividends and voting at shareholders' meetings.

Hostile Takeover

An acquisition attempt by a company or individual to obtain control of another company against the wishes of the target company's management and board of directors.