A Factor of Production That Can Be Used in Any

question 46

Multiple Choice

A factor of production that can be used in any sector of an economy is a(an)

• A) mobile factor.
• B) specific factor.
• C) variable factor.
• D) import-competing factor.
• E) export-competing factor.

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Definitions:

Contingently Issuable Common Stock

Shares that may be issued in the future based on the occurrence of certain events.

Diluted Earnings Per Share

A measure of a company's profit divided by the number of shares outstanding, including all possible sources of conversion.

Treasury Stock Method

A method used to compute the diluted shares outstanding by assuming all in-the-money options and warrants are exercised and the proceeds from exercise are used to buy back shares at the average market price.

Market Price

The current price at which an asset or service can be bought or sold in a open and competitive market.