In a Minimum Cardinality,minimums Are Generally Stated as ________

question 15

Multiple Choice

In a minimum cardinality,minimums are generally stated as ________.

• A)0
• B)1
• C)N
• D)A or B
• E)A,B,or C

---

Definitions:

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the financial gain in conducting business activities.

Rate of Return

The increase or decrease in the value of an investment over a set time frame, shown as a percent of the investment's original price.

Assets

Economic resources owned or controlled by an individual, corporation, or country that are expected to provide future benefits, including cash, real estate, and intellectual property.

Equity Capital

Equity Capital is the amount of money that is invested in a company by its owners, in exchange for ownership interest in the company.