Production Possibilities -In the Above Table, the Opportunity Cost of the 2nd

question 78

Multiple Choice

Production possibilities

-In the above table, the opportunity cost of the 2nd pizza is

• A) 0 cases of soda per pizza.
• B) 15 cases of soda per pizza.
• C) 95 cases of soda per pizza.
• D) 80 cases of soda per pizza.

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Definitions:

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.

Treasury Stock

Shares that were once outstanding and have been reacquired by the corporation, reducing the amount of outstanding stock on the open market.

Paid-In Capital

Funds that are received by a company from investors in exchange for stock, representing the capital provided by shareholders as a part of the equity of the company.

Cash Dividends

Payments made out of a corporation's earnings to its shareholders in the form of cash.