"Rivalry" in Consumption Means That

question 117

Multiple Choice

"Rivalry" in consumption means that:

• A) there are multiple sellers of the good.
• B) there are many buyers of the good.
• C) a buyer may purchase goods from multiple sellers.
• D) when one person buys a good,it is not available for another person to buy.

---

Definitions:

Financing Activity

This refers to the transactions and events that involve raising capital and repaying investors, such as issuing equity or debt.

Cash Dividends

Payments made by a corporation to its shareholder members. It is the share of profits and retained earnings that the company pays out to its shareholders.

Interest Payment

A payment made to a lender by a borrower in exchange for the use of borrowed money, typically calculated as a percentage of the principal.

Accumulated Depreciation

The cumulative depreciation of an asset up to a single point in its life, reflecting the asset's loss in value due to wear and tear, age, or obsolescence.