In Economic Analysis,resources Are ________ While People's Wants Are ________

question 71

Multiple Choice

In economic analysis,resources are ________ while people's wants are ________.

• A)unlimited,unlimited.
• B)limited,limited.
• C)limited,greater than can all be satisfied.
• D)unlimited,limited.

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Definitions:

Ownership Right

A legal right that confers the possession of assets and the benefits that come from owning them.

Stockholder

An individual or entity that holds one or more shares of stock in a public or private corporation, thus owning a portion of the company.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.

Chief Accounting Officer

The Chief Accounting Officer (CAO) is a senior executive responsible for managing the accounting operations of an organization.