Increasing Opportunity Cost Is Represented by a ________ Production Possibilities

question 221

Multiple Choice

Increasing opportunity cost is represented by a ________ production possibilities frontier.

• A)linear
• B)convex
• C)concave
• D)vertical

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Definitions:

Unprofitable Investment

An investment that generates a financial loss or does not achieve the expected financial return.

Payback Period

The payback period is the length of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.

Initial Capital Investment

The total amount of money used to start a business or project, including costs for property, equipment, and legal fees.

Accounting Rate of Return

A financial ratio that measures the return on investment from assets, indicating the efficiency of generating profits from its resources.