The Time and Money It Takes to Organize a Group

question 26

Multiple Choice

The time and money it takes to organize a group or a campaign and to get the attention of lots of busy people is the:

• A)cost of collective action.
• B)reason why collective action does not happen in the real world.
• C)reason why all individuals never participate in any collective action.
• D)All of these are true.

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Definitions:

Stockholders' Equity

Stockholders' equity represents the residual interest in the assets of a corporation, after deducting its liabilities. It is also known as shareholders' equity.

Liabilities

Liabilities represent obligations or debts that a company owes to external parties, which must be settled through the transfer of assets or services.

Assets

Economic resources owned by a business or individual, expected to bring future benefits.

Net Income

The total profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.