Using Your Own Words,describe the Law of Increasing Opportunity Costs

question 54

Essay

Using your own words,describe the law of increasing opportunity costs.Be sure to explain why this phenomenon occurs and how it helps to contribute to the shape of the production possibilities frontier.

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Definitions:

Declaration Date

The specific date on which a company's board of directors announces its next dividend payment.

Record Date

The record date is a set date when a company determines its shareholders who are eligible to receive dividends or participate in corporate actions.

Payment Date

The date on which a dividend, bond interest, or other payment is actually disbursed to investors.

Dividend Reinvestment Plan

A program that allows investors to automatically reinvest their cash dividends in more shares of the issuing company.