Entrepreneurs Can Generate Economic Profits by All of the Following

question 2

Multiple Choice

Entrepreneurs can generate economic profits by all of the following, except

• A) developing popular new products.
• B) reducing production costs below rivals' costs.
• C) creating and maintaining monopoly power.
• D) laying off workers in order to cut costs.

Understand the fundamental concepts and factors influencing resting metabolic rate.

Identify and describe different components of body composition.

Recognize the importance and functions of essential fats in the human body.

Calculate the energy content related to changes in body weight.

---

Definitions:

Dividend Payable

A liability recorded on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.

Cum Div. Basis

A term indicating that a stock is trading with the right to receive the most recently declared dividend, as opposed to "ex-dividend" where the right is not included in the purchase.

Pre-acquisition Entry

A journal entry made to record the financial impacts of acquiring company interest or assets before full acquisition or control is obtained.

Declared Dividend

A payment authorized by a company’s board of directors to be distributed among shareholders out of the company’s earnings.