Making Optimal Decisions "At the Margin" Requires

question 80

Multiple Choice

Making optimal decisions "at the margin" requires

• A)making decisions according to one's whims and fancies.
• B)making consistently irrational decisions.
• C)weighing the costs and benefits of a decision before deciding if it should be pursued.
• D)making borderline decisions.

---

Definitions:

Bylaws

Written rules and regulations that govern the internal affairs and operations of an organization or corporation.

Transfer of Shares

The process by which ownership of a company's stock is moved from one party to another.

Par Value

The nominal or face value of a bond, share of stock, or other financial instrument as stated by the issuer.

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing corporation, not considered when calculating earnings per share or dividends.