Which of the Following Statements Is True

question 37

Multiple Choice

Which of the following statements is true?

• A) An opportunity cost is what must be given up in order to get something else.
• B) The three fundamental economic questions refer to What to produce? How to produce? and When to produce?
• C) The term "investment" refers to the purchase of stocks and bonds and other financial securities.
• D) The law of increasing opportunity cost implies that as production of one type of good is expanded then fewer and fewer of other goods must be given up.

Comprehend the procedural steps required for corporate combinations and the role of the board of directors.

Distinguish between short-form mergers and other corporate combinations.

Understand the concept of a subsidiary corporation and the implications of ownership in corporate combinations.

Recognize the legal distinctions between the surviving and disappearing entities in mergers and consolidations.