Provide an Appropriate Response

question 39

Multiple Choice

Provide an appropriate response.
-A ______ gives you a share of ownership in a company.

• A)cash
• B)stock
• C)bond
• D)None of the above

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Definitions:

Marginal Product

The additional output that is produced by using one more unit of a particular input.

Total Product

The overall amount of products or services generated by a company during a specified timeframe.

Average Product

The output per unit of input, calculated by dividing total output by the total quantity of input.

Production Technology

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