Which One of the Following Is a Necessary Consequence of Scarcity

question 19

Multiple Choice

Which one of the following is a necessary consequence of scarcity?

• A)no choices required
• B)high profits
• C)the requirement of making choices
• D)all wants are satisfied
• E)low profits

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Definitions:

Ex-dividend Date

The date on which a stock begins trading without the right to receive the next declared dividend, effectively setting the cut-off for new investors to benefit from the upcoming dividend payment.

Date Of Record

The date set by a corporation on which the shareholders must be registered to be eligible to receive dividend payments.

Stock Split

An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders.

Market Price

The amount at which an asset is bought or sold in the market.