A Firm Whose Only Asset Is Controlling Blocks of Shares

question 38

Multiple Choice

A firm whose only asset is controlling blocks of shares in other firms is called

• A)a conglomerate.
• B)a holding company.
• C)a pyramid.
• D)a dual-class company.

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Definitions:

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Private Good

A product or service that is consumed by an individual and cannot be used simultaneously by another individual.

Marginal Rate of Substitution

The rate at which a consumer can substitute one good for another while maintaining the same level of utility or satisfaction.

Hunting Lodge

A place of accommodation often located in remote areas for people engaging in hunting or seeking rustic outdoor experiences.