If Additional Units of Any Good Can Be Produced at a Constant

question 132

Multiple Choice

If additional units of any good can be produced at a constant opportunity cost,the production possibilities frontier is

• A)bowed inward and negatively sloped.
• B)bowed outward and negatively sloped.
• C)positively sloped and linear.
• D)horizontal.
• E)linear and negatively sloped.

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Definitions:

Security Returns

The gains or losses on an investment over a specific period, including dividends, interest, and capital gains, usually expressed as a percentage.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points or investment returns.

Arithmetic Return

The simple average of a series of periodic returns of an investment.

Investment

The action of allocating resources, usually money, with the expectation of generating an income or profit.