True or False: Given below is the scatter plot of the price/earnings ratio versus earnings per
share of 20 U.S.companies.There appears to be a negative relationship between price/earnings
ratio and earnings per share. 
Definitions:
Economic Efficiency
A condition in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.
Market Supply Curve
A graphical representation that shows the quantity of goods that producers are willing and able to sell at various prices over a given period.
Marginal Opportunity Cost
By deciding on one route, one foregoes the possible advantages that other routes could have offered.
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