Which of the Following Is a Reason for the Law

question 182

Multiple Choice

Which of the following is a reason for the law of increasing opportunity cost?

• A)​Some goods have limited alternative uses.
• B)​Not all resources are equally adaptable to other uses.
• C)​Prices of specific final goods increase as more of those goods are produced.
• D)​Prices of specific final goods decrease as more of those goods are produced.

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Definitions:

Amortization

The gradual reduction of a debt or the spreading out of capital expenses for intangible assets over a specific period of time.

Accounting Period

The time frame in which financial transactions are recorded and reported, typically a fiscal year or quarter.

Maturity Value

The total amount that will be paid to an investor at the end of a debt instrument's term, including the principal and any accrued interest.

Income Statement

A financial report that shows a company's financial performance over a specific period, detailing revenues, expenses, and net income.