-Refer to the Production Possibilities Frontier in the Figure Above

question 303

Multiple Choice

-Refer to the production possibilities frontier in the figure above. Which production point indicates that resources are NOT fully utilized or are misallocated?

• A) point a
• B) point b
• C) point c
• D) point e

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Definitions:

Dividends

Money paid out by a corporation to its shareholders, mainly as a division of profits.

Property

Assets owned by an individual or business, encompassing both tangible items, like real estate and equipment, and intangible items, like intellectual property.

Cash

Currency and other liquid instruments that a company owns and can use immediately to pay for goods, services, or liabilities.

Cash Dividend

A cash dividend is a payment made by a company to its shareholders from its profits in the form of cash.