Table 9-2 Sarita and Gabriel Own S&G Bakery. Table 9-2 Lists the Bakery

question 67

Multiple Choice

Table 9-2

Sarita and Gabriel own S&G Bakery. Table 9-2 lists the number of pies and cakes Sarita and Gabriel can each bake in one day.
-Refer to Table 9-2.Select the statement that accurately interprets the data in the table.

• A)Sarita has a greater opportunity cost than Gabriel for baking cakes.
• B)Sarita's opportunity cost for baking cakes is less than Gabriel's.
• C)Gabriel has a greater opportunity cost than Sarita for baking pies.
• D)Gabriel's opportunity cost for baking cakes and baking pies are both greater than Sarita's.

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Definitions:

Pre-emptive Rights

Pre-emptive rights, in corporate law, are rights given to existing shareholders to purchase additional shares before they are offered to new potential shareholders, usually to maintain their proportional ownership in the company.

Proportionate Share

Refers to an individual's or entity's portion or share of a total amount, calculated based on specific criteria or ratios.

Allotment

The distribution or assignment of a portion of something, often referring to shares of stock, land, or time.

Incorporation

Establishing a business entity as a corporation, which holds legal identity separate from its shareholders, enabling it to own property, sue, or be sued.