Use the Accompanying Table to Answer the Following Questions

question 142

Multiple Choice

Use the accompanying table to answer the following questions.
Table 3-4

-Refer to Table 3-4. The opportunity cost of one unit of cheese in Spain is:

• A) two units of bread
• B) one unit of bread
• C) 1/2 unit of bread
• D) 1/4 unit of bread

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Definitions:

Dividends Per Share

The total dividends declared by a company for each share of common stock owned.

Cumulative Preferred Stock

A type of preferred stock that entitles its holder to dividends that, if not paid, accumulate and must be paid out before any dividends can go to common stockholders.

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and a share in the company's profits via dividends.

Dividends Per Share

The amount of dividends that a company declares to distribute for each share of its common stock.