Which of the Following Is Most Likely to Have Increasing

question 76

Multiple Choice

Which of the following is most likely to have increasing opportunity costs?

• A)A riding lawnmower.
• B)An office building in Tokyo.
• C)A large copy machine.
• D)A pizza oven.

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Definitions:

Concentration Ratio

A measurement of the market share or output controlled by the largest firms within an industry, used to assess the level of competition.

Costly to Ship

Refers to items or materials that are expensive to transport, typically because of their weight, size, or special handling requirements.

Degree of Monopoly

Measures the level of market control and price-setting power possessed by a monopolist.

Very Localized

Referring to something that is confined to a very small or specifically defined geographic area or community.