Question: Use the graph to answer the question that follows. Graph shows gallons of strawberry ice cream along the horizontal axis and gallons of chocolate ice
Use the graph to answer the question that follows. Graph shows gallons of strawberry ice cream along the horizontal axis and gallons of chocolate ice cream along the vertical axis. Five points are plotted on the graph. Point A shows four strawberry and eight chocolate. Point B shows 15 chocolate and two strawberry. Point C shows four chocolate and twelve strawberry. Point D shows twelve chocolate and eight strawberry. Point X shows twelve chocolate and twelve strawberry. If the ice cream shop is producing 8 gallons of chocolate ice cream and 6 gallons of strawberry ice cream, which of the following statements is true? The shop is producing beyond its PPC at point X. The shop is underutilizing its resources at point A. The shop is efficiently producing at point D. The shop is efficiently producing at point B. Question 11(Multiple Choice Worth 4 points) (02.03 MC) How is a partnership like a limited liability corporation? Both are incorporated. Both have investors. Both are inexpensive to start. Both protect personal assets. Question 12(Multiple Choice Worth 4 points) (02.03 LC) In which type of business do shareholders own a portion of the company and have some say in how it is
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