One Characteristic That Has Allowed the U

question 37

Multiple Choice

One characteristic that has allowed the U.S.economy to change the mix of output in response to consumer demand is the

• A)Ease with which resources move from one industry to another.
• B)Abundance of scarce resources.
• C)Large number of proprietorships.
• D)Labor-intensive production process.

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Definitions:

Rights Offering

A process where existing shareholders are given the right to buy additional shares at a discount, typically to raise additional capital.

Value Of A Right

In the context of finance, it refers to the value of a right to purchase additional securities at a predetermined price before the public.

New Share

A unit of stock that has been recently issued to the public by a company, increasing the total number of shares outstanding.

Rights Offering

A form of raising capital where a company offers existing shareholders the right to purchase additional shares at a discounted price before offering them to the public.