The _________ Point Is the Point Where the Amount of Goods

question 20

Short Answer

The _________ point is the point where the amount of goods sought by buyers is equal to the amount of goods produced by suppliers.

---

Definitions:

Common Stock

Shares representing ownership in a corporation, entitling the shareholder to a portion of the corporation's profits and a vote in shareholder meetings.

Preferred Stock

Preferred stock is a class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, typically coming with dividend priority.

Entitles

Grants or gives a right or a claim to something, often used in legal and financial contexts.

Investment Account

A financial account held by an investment dealer that a client uses to keep and trade investment securities.