The Following Information Is Available About George Inc's Discontinued Operations

question 111

Multiple Choice

The following information is available about George Inc's discontinued operations:

What single amount will be presented on George's statement of comprehensive income?

• A)$1,400,000
• B)$1,500,000
• C)$1,600,000
• D)$1,700,000

Understand the implications of efficient resource use on the PPF.

Explain the concept of opportunity cost and its relationship to the PPF.

Identify factors that can shift or rotate the PPF.

Understand the principle of increasing opportunity costs and its representation on the PPF.