-In the production possibility frontier in Figure 1-1,which point(s) is (are) efficient?
Definitions:
Return On Equity
A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.
Total Assets
The sum of all holdings and properties owned by a person or entity valued at the end of an accounting period.
Total Equity
The total net worth of a company, calculated as total assets minus total liabilities; represents the owners' claim after debts have been paid.
Profit Margin
A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, demonstrating the profitability of a company.
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