Use the Table for the Question(s)below

question 50

Multiple Choice

Use the table for the question(s) below.
The data above shows the net working capital requirements for Blunderstone Shoes,a company that makes waterproof boots.All figures are in thousands of dollars.
-What are Blunderstone's temporary working capital requirements in the fourth quarter?

• A)$2,700,000
• B)$3,400,000
• C)$5,450,000
• D)$4,450,000
• E)$1,750,000

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Definitions:

Basic Economic Questions

Fundamental questions any economy faces regarding what goods and services to produce, how to produce them, and for whom they are produced, based on limited resources and unlimited wants.

Consumers' Role

The influence or part played by consumers in the market, including their decisions on purchasing goods and services.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of goods and services that can be produced within a given time period and set of resources, assuming full and efficient use of those resources.