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  6. If Jim owns 200 shares of a
Question 88 / 96:  If Jim owns 200 shares of a corporation, can we figure out how much of the corporation Jim owns?
Answer: 

No, we need to know the total number of shares as well, in

order to calculate Jim's percentage. The point of this question

is to make sure the student realizes corporations have different amounts of stock shares.
Sorry No Instant Evalutaion available for this question
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Capitalism: The Market Economy

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Attribution:  Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY
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