The opportunity cost of producing capital is
A) decreased current production of consumption goods
B) increased future production of consumption goods
C) the amount of roundabout production
D) abundant capital accumulation
E) the decreased amount of future capital available
Correct Answer:
Verified
Q8: Which of the following is an example
Q9: Which of the following is an example
Q10: For the typical consumer, present consumption is
A)preferred
Q11: If a person produces capital goods, she
Q12: The production of capital is a form
Q14: Goods and activities typically are more highly
Q15: Production cannot occur without
A)saving
B)government
C)a market system
D)low interest
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