The Law of Increasing Additional Cost Is Due to

question 126

Multiple Choice

The law of increasing additional cost is due to

• A)scarcity.
• B)inefficient use of technology.
• C)the fact that resources are not perfectly adaptable for alternative uses.
• D)the fact that there are always alternatives and it is costly to figure out which alternative is best.

Differentiate between semiperipheral and peripheral countries based on various factors.

Analyze the historical shifts in the distribution of world income.

Examine the strategies employed by companies in response to global challenges, such as the antismoking campaign.

Recognize the interconnectedness of technological, political, and economic factors in driving globalization.

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Definitions:

Earnings Before Interest And Taxes

A gauge of corporate profit that disregards expenses related to interest and income tax.

OCF

Operating Cash Flow, which is the cash generated from normal business operations, indicating a company's ability to generate sufficient positive cash flow to maintain and grow its operations.

Depreciation

Depreciation is the accounting process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value over time.

Book Value

The net value of a company's assets, subtracting its liabilities, as recorded on the balance sheet.