Which of the Following Represents One of the Basic Rights

question 2

Multiple Choice

Which of the following represents one of the basic rights of shareholders?

• A)Shareholders may authorise a business contract on behalf of the company.
• B)Shareholders may sell their shares back to the company if they wish.
• C)Shareholders may participate in management by voting on company matters.
• D)Shareholders may determine at what price the company issues shares.

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Definitions:

Marginal Product

The additional quantity of output produced by using one more unit of a given input.

Total Revenue

Total revenue is the overall amount of money generated by a firm from its sales activities, calculated as the price of goods or services sold multiplied by the quantity sold.

Marginal Product

The additional output produced as a result of adding one more unit of a specific input, keeping all other inputs constant.

Total Revenue

The overall income generated by a business from selling its goods or services before any costs are deducted.