​ -If Entity a in Figure 2 Represents Customers and Entity

question 33

Multiple Choice

​
-If entity A in Figure 2 represents customers and entity B represents automobiles,which of the following statements is correct?​

• A) ​Each customer can only own one car,but each car can be owned by many customers.
• B) ​Each customer can only own one car and each car can only be owned by one customer.
• C) ​Each customer can own many cars and each car can be owned by many customers.
• D) ​Each customer can own many cars,but each car can be owned by only one customer.

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Definitions:

Corporate Profits

The surplus income of corporations after paying all expenses, including operational expenses, salaries, and taxes.

Resource Suppliers

Entities or individuals that provide the inputs needed by firms to produce goods and services, such as labor, raw materials, and components.

Capitalist Income

Income earned from the ownership of capital or investments, typically in the form of profits, interest, and dividends.

Time-Value

The principle that money available now is worth more than the same amount in the future due to its potential earning capacity.