Use the Following to Answer Question

question 1

Multiple Choice

Use the following to answer question:

-(Figure: Consumer and Capital Goods) Use Figure: Consumer and Capital Goods.Assume the economy's current production possibilities frontier is given by curve 1.Point Z:

• A)is unattainable,all other things unchanged.
• B)is attainable if the economy is able to reach full employment.
• C)is attainable if the quantity and/or quality of factors decreases.
• D)will be attained as soon as the economy becomes efficient and moves to curve 2.

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Definitions:

Incorporator

A person or entity that signs the articles of incorporation, thereby initiating the creation of a corporation.

De Jure Status

A legal term that means something is recognized by law, regardless of the actual situation on the ground.

Cumulative Voting

A voting system used in corporate elections that allows shareholders to allocate all their votes to one candidate or distribute them among several candidates.

Minority Shareholders

Owners of a smaller portion of a company's shares, who do not have control or majority influence over the company's decisions.