Figure 7-18 -Refer to Figure 7-18.If 110 Units of the Good Are

question 126

Multiple Choice

Figure 7-18

-Refer to Figure 7-18.If 110 units of the good are being bought and sold,then

• A) the marginal cost to sellers is equal to the marginal value to buyers.
• B) the marginal value to buyers is greater than the marginal cost to sellers.
• C) the marginal cost to sellers is greater than the marginal value to buyers.
• D) producer surplus is greater than consumer surplus.

---

Definitions:

Ordinary Shares

Equity shares that represent ownership in a company and give the holder voting rights and a share in the company’s profits through dividends.

Dividends Distributed

Payments made by a corporation to its shareholders, usually derived from the company's earnings.

AASB 9

The Australian Accounting Standards Board standard on Financial Instruments, outlining the requirements for recognizing and measuring financial assets and liabilities.

Fair Value

The amount one would expect to get from selling an asset or the cost to transfer a liability during a regulated transaction involving parties in the market.