Use the Following to Answer Questions

question 112

Multiple Choice

Use the following to answer questions .
Exhibit: Demand and Supply of Gasoline
-(Exhibit: Demand and Supply of Gasoline) A factor that may have changed supply from S₁ to S₂ is:

• A) better technology in the production of gasoline.
• B) increased demand.
• C) lower labor productivity.
• D) increased prices of substitutes for gasoline.

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Definitions:

Cash Dividend

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

Financial Statement

A written record, detailing a business entity's performance, financial strength, and cash flow, used by stakeholders to make informed decisions.

Contributed Capital

Funds raised through the issuance of shares by a corporation to its shareholders.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.