Other Things Remaining the Same, the Greater the Expected Profit

question 108

Multiple Choice

Other things remaining the same, the greater the expected profit,

• A) the greater the amount of investment.
• B) the flatter is the investment demand curve.
• C) the steeper is the investment demand curve.
• D) the less the amount of investment.

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Definitions:

WTO

The World Trade Organization, an international body aimed at promoting and facilitating global trade and resolving trade disputes.

Globalization

The method through which companies or various organizations expand their influence globally or begin to function at an international level.

Exports

Commodities or services sent overseas for the objective of being sold or traded.

Opportunity Cost

The cost of an alternative that must be foregone in order to pursue a certain action. Essentially, the benefits you could have received by taking an alternative action.