A Return That Exceeds a Firm's Payouts to Its Factors

question 21

Multiple Choice

A return that exceeds a firm's payouts to its factors of production is a(n) :

• A) dividend.
• B) capital gain.
• C) pure profit.
• D) accounting profit.

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Definitions:

Antislavery

Opposition to slavery and the slave trade.

Declaration of Independence

The formal statement written by Thomas Jefferson declaring the freedom of the thirteen American colonies from British rule.

Hypocrisy

The behavior of individuals who express values, beliefs, or virtues they do not genuinely hold or abide by themselves.

Colonial Militias

Armed groups formed from the civilian population during the colonial period to defend territories against enemies, notably before the establishment of regular armies.