Which One of the Following Is Evidence of a Ready

question 71

Multiple Choice

Which one of the following is evidence of a ready market?

• A)The stock was purchased at a negotiated price from an outside party.
• B)The security is actively traded on a public stock exchange.
• C)A privately held corporation issued the stock.
• D)The stock was purchased from an outside investor.

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Definitions:

Production Technology

Techniques, equipment, and software used in the production of goods and services.

Quantitative Relationship

A relationship that can be expressed as a mathematical equation, showing how changes in one variable affect another quantitatively.

Marginal Product

The additional output that is produced by using one more unit of a particular input while keeping other inputs constant.

Production Possibilities

A curve or frontier that shows the maximum combinations of goods or services that can be produced with a given set of resources and technology.