Figure 2-6 -Refer to Figure 2-6.The Opportunity Cost of This Economy Moving

question 7

Multiple Choice

Figure 2-6
-Refer to Figure 2-6.The opportunity cost of this economy moving from point K to point H is

• A)zero.
• B)50 blankets.
• C)60 pillows.
• D)50 blankets and 60 pillows.

---

Definitions:

Note Payable

A written promise to pay a specific sum of money, either on demand or at a fixed or determinable future time.

Dividend Declarations

Announcements by a company's board of directors to distribute a portion of earnings to shareholders as dividends.

Common Stock

This represents ownership shares in a corporation, giving shareholders voting rights and a claim on a portion of the company's profits in the form of dividends.

Additional Paid-In Capital

The amount of money paid by investors for shares of stock above their par value; it is a measure of the excess investment made by shareholders.