Which of the following concepts is relevant to opportunity


1. Which of the following concepts is relevant to opportunity cost?

A. comparative advantage

B. interest rates

C. absolute advantage

D. demand

2. The additional consumption that results from one dollar increase in disposable income represents

A. diminishing marginal return

B.  marginal propensity to consume

C. marginal propensity to save

D. marginal propensity to invest

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Which of the following concepts is relevant to opportunity
Reference No:- TGS01577061

Expected delivery within 24 Hours