-In the Figure Above, What Can Be Said About Point

question 169

Multiple Choice

-In the figure above, what can be said about point B?

• A) It can be reached only after economic growth occurs.
• B) It can be attained only if some resources are left unused.
• C) It represents all resources being devoted to the production of apples.
• D) It represents all resources being devoted to the production of oranges.

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Definitions:

Market Value

The present cost at which an asset or service is available for purchase or sale in a market.

Share

A unit of ownership in a company or financial asset, representing a proportion of the corporation's capital.

Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.

Stock Dividends

A distribution of additional shares of a company's stock to its shareholders instead of cash.