Which of the Following Is Least Likely to Be Discussed

question 82

Multiple Choice

Which of the following is least likely to be discussed in the articles of incorporation?

• A)the maximum number of shares that can be issued.
• B)the purpose of the business.
• C)the price range of the shares of stock.
• D)the number of members of the board of directors.

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Definitions:

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one additional unit of a good or service.

Consumer Equilibrium

occurs when a consumer has allocated their resources in such a way that maximizes their utility, given their budget constraint.

Unit Price

The cost per unit of a product, allowing consumers to compare the value of similar items sold in different quantities or volumes.

Marginal Utility

The augmented joy or usefulness a shopper obtains by buying an extra unit of a commodity or service.