Elijah Has Just Eaten His Second Popsicle

question 75

Multiple Choice

Elijah has just eaten his second popsicle.Using the concept of marginal utility,we can say:

• A) the utility he will gain from his third will reduce his total utility.
• B) the utility he will gain from his third will not reduce his total utility.
• C) the utility he will gain from his third will be less than that of his second but will increase his total utility.
• D) the utility he will gain from his third will be less than that of his second and may reduce his total utility.

---

Definitions:

Shareholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing ownership interest.

Cash Flow to Stockholders

The amount of cash that a company returns to its shareholders, typically in the form of dividends.

Cash Flow to Stockholders

The amount of cash a company pays out to its shareholders, typically in the form of dividends.

Net Income

A company's final income, arrived at after subtracting expenses, taxes, and costs from its complete revenue.