If It Is Possible to Make Person a Better Off

question 76

Multiple Choice

If it is possible to make person A better off without making person B worse off, then the distribution of goods must be ________.

• A) efficient
• B) inefficient
• C) equitable
• D) inequitable

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Definitions:

Long-term Investment

Investments made with the expectation that they will yield benefits or appreciation over a period extending beyond one year.

Dividends

Payments made by a corporation to its shareholder members, often derived from the company's profits.

Minority Active Investment

An investment where the investor holds a non-controlling interest in a company but is still actively involved in its management or operations.

Equity Method

An accounting technique used for recording investments in associate companies where the investment is initially recognized and subsequently adjusted for the investor’s share of the net assets of the investee, including recognized income or loss.