Use the Following to Answer Questions -(Table: Total Cost and Total Individual Benefit)Use Table: Total Cost

question 162

Multiple Choice

Use the following to answer questions : $$\begin{array}{l}\text { Table: Total Cost and Total Individual Benefit }\\\begin{array} { l c c } \begin{array} { l } \text { Quantity of Animal } \\\text { Control Officers }\end{array} & \text { Total Cost } & \begin{array} { c } \text { Total Individual } \\\text { Benefit }\end{array} \\\hline 0 & \$ 0 & \$ 0 \\1 & 20000 & 40 \\2 & 40000 & 70 \\3 & 60000 & 90 \\4 & 80000 & 100 \\5 & 100000 & 105 \\\hline\end{array}\end{array}$$
-(Table: Total Cost and Total Individual Benefit) Use Table: Total Cost and Total Individual Benefit.Assume that there are 1 000 residents and they all have the same total individual benefit,as shown in the table.If the residents acted together,how many officers would they hire?

• A) 0
• B) 1
• C) 3
• D) 5

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Definitions:

Rule 10b-5

A regulation under the Securities Exchange Act of 1934 prohibiting any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security.

1933 Securities Act

A federal statute enacted to govern the offer and sale of securities, aiming to ensure transparency and fairness in the securities market by requiring disclosures through registration of securities.

Material Fact

A crucial piece of information that can affect the outcome of a legal decision or the valuation of an investment.

Section 5

Often refers to a specific section of a larger act or law, needing explicit context, such as Section 5 of the Federal Trade Commission Act related to unfair or deceptive acts or practices.