Spending on capital goods that cannot be easily moved,adjusted,or reversed is called:
A) irreversible investment.
B) fixed investment.
C) bunched investment.
D) intertemporal investment.

Question

Quizplus · Accepted Answer

Irreversible investment refers to spending on capital goods that cannot be easily moved, adjusted, or reversed once the investment has been made. This is due to the specific nature of the assets or the high costs associated with reversing the investment.

Spending on Capital Goods That Cannot Be Easily Moved,adjusted,or Reversed