Fish in the Ocean Are _____

question 92

Multiple Choice

Fish in the ocean are _____

• A)exhaustible and also open-access resources.
• B)renewable and also open-access resources.
• C)private goods.
• D)merit goods.
• E)renewable resources whenever property rights are well defined.

---

Definitions:

Equity Instruments

Financial instruments that represent ownership in a company, such as stocks, giving holders a claim on the company's residual assets and earnings.

Remuneration Expense

The total cost incurred by an organization for the payment of salaries, wages, and other forms of employee compensation.

Exercise Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.

Share Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a company at a predetermined price within a specific timeframe.