Elephants Are Endangered, but Cows Are Not Because

question 242

Multiple Choice

Elephants are endangered, but cows are not because

• A)cows are not as valuable as elephants.
• B)elephants are a common resource, while cows are private goods.
• C)cows are a common resource, while elephants are private goods.
• D)it is legal to kill cows but not elephants.

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Definitions:

Profitability

A measure of the efficiency and financial performance of a business, indicating its ability to generate income relative to revenue, assets, or equity.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.

Voting Shares

Shares that give the shareholder the right to vote on company matters at shareholder meetings.

ASPE

Accounting Standards for Private Enterprises, a set of accounting principles for private companies in Canada.