The Above Table Shows the Daily Production Possibilities for a Nation

question 385

Multiple Choice

The above table shows the daily production possibilities for a nation.
-According to the above table, the opportunity cost of each additional computer in terms of televisions

• A)remains constant.
• B)falls as more computers are produced.
• C)increases as more computers are produced.
• D)is meaningless because the cost of computers cannot be expressed in terms of televisions.

---

Definitions:

Inventory Cycle

The process or time frame from when inventory is acquired to when it is sold, highlighting inventory management efficiency.

Financing Receivables

A type of financial activity where a company uses the money it is owed from customers (accounts receivable) as collateral for a loan.

Discount Period

The time span between the present date and the maturity date of a bill of exchange or other negotiable instrument during which it is sold at below its face value.

Credit Period

The time frame between when a purchase is made and when the payment for that purchase is due, without incurring any interest.