Another Company's Sales Increase by the Same Percent Each Year

question 12

Multiple Choice

Another company's sales increase by the same percent each year.This growth is …

• A)logarithmic
• B)quadratic
• C)linear
• D)exponential
• E)power

---

Definitions:

Opportunity Cost

The dues for not selecting the following most suitable option when making decisions.

Point D

Another specific point on a graph or economic model, indicative of a different state or condition than Point C, useful in comparative analysis.

Point C

Typically used in economics and finance as a specific point on a graph illustrating an equilibrium, costing or other calculated value.

Production Possibilities Curve

A graphical representation that shows the maximum combination of two goods or services that can be produced with available resources and technology.