Economic Bads Are Items

question 12

Multiple Choice

Economic bads are items

• A) for which the produced quantity is less than the amount desired at a positive price.
• B) for which the desired quantity is less than what nature provides at a zero price.
• C) that individuals desire but which receive social disapproval.
• D) that receive social approval but which governments dislike.

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Definitions:

Dividend Next Year

The projected amount of money to be paid to shareholders from a company's earnings in the forthcoming fiscal year.

EPS Growth Rate

The rate at which a company's earnings per share (EPS) has grown or is projected to grow over a period.

Rate of Return

A measure of the profitability of an investment, expressed as a percentage of the initial investment.

Cumulative Voting

A voting system that allows shareholders to allocate their total votes in any manner they choose, across multiple candidates, which can benefit minority shareholders.