Solve. -The Price of a Stock Rose 9 Points, Fell 9

question 190

Multiple Choice

Solve.
-The price of a stock rose 9 points, fell 9 points, and again fell 10 points. What was the stock's total change?

• A) -28 points
• B) 10 points
• C) -10 points
• D) 28 points

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Definitions:

Efficient Outcome

An optimal allocation of resources that results in the highest possible satisfaction or utility with the least waste or inefficiency.

Externality

A consequence of an industrial or commercial activity which affects other parties without this being reflected in market prices.

Property Rights

Legal rights to use, control, and benefit from a resource.

Free-Rider Problem

A situation where individuals consume a public good without contributing to its cost, leading to underprovision or overuse.