Use the Following to Answer Question

question 78

Multiple Choice

Use the following to answer question:

-(Figure: Production Possibility Frontier) Use Figure: Production Possibilities Frontier.This production possibility frontier is:

• A)bowed out because of increasing opportunity costs.
• B)bowed in because of increasing opportunity costs.
• C)bowed out because of constant cost of cars and computers.
• D)linear because of constant costs.

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Definitions:

Buying Stocks

The act of purchasing shares in a company with the expectation of earning a return on investment through dividends or stock price appreciation.

Cash Flow

Cash flow refers to the net amount of cash and cash-equivalents being transferred into and out of a business.

Direct Method

A cash flow statement preparation approach that involves reporting major classes of gross cash receipts and payments.

Accounts Receivable

Outstanding payments from customers to a company for products or services already rendered.