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Investment opportunities fall into several categories. They are: Maintenance and replacement of depreciable capital items. Adoption of cost-reducing investments to produce a given volume of

Investment opportunities fall into several categories. They are:

Maintenance and replacement of depreciable capital items.

Adoption of cost-reducing investments to produce a given volume of output.

Adoption of income-increasing investments, including either durable business assets or financial assets.

A combination of the preceding.

If you were a potato farmer, give an example of an investment that would fit into each different category above and explain how it fits:

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