Examlex
Which one of the following concepts is not illustrated by a production possibilities frontier?
Normal Rate Of Return
The standard profit that capital owners can expect to make in a safe investment, typically considered the risk-free rate of return.
Competition
The competition between sellers aiming to enhance their profits, gain a larger share of the market, and boost their sales figures by adjusting different components of the marketing mix.
Expected Rate Of Return
The anticipated profit or loss from an investment, considering both the risk and the return.
Normal Rate Of Return
The average or expected return on investment in a normal market condition, often considered the minimum acceptable compensation for investment risk.
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