Examlex
Which of the following might be the best method to survey people in less developed countries?
Capital
Capital refers to financial assets or the financial value of assets, such as funds held in deposit accounts as well as the physical factors of production.
Opportunity Cost
The value of the best alternative that is forgone when a choice is made between several mutually exclusive alternatives.
Bowed Outward
Describes a curve (such as in production possibilities frontier) that shows increasing opportunity costs for producing two goods.
Capital
Assets with monetary value, including cash and commodities, which are utilized to produce income or accumulate wealth.
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