The smallest unit of ownership of a company is______________?
Correct answer: A. A share
- A. A share
- B. A debenture
- C. Invest
- D. Capital
Explanation
A share represents a unit of ownership in a company, however small the holding may be. A debenture represents a loan to the company, not ownership.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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