The opportunity cost of a good increases as more of it is produced because
A)producing more of a good requires additional resources.
B)resources are not equally productive in all activities.
C)the number of forgone alternatives also increases.
D)people want the good less as more is produced.
E)there is no such thing as a free lunch.

Question

Quizplus · Accepted Answer

The opportunity cost increases because resources are not equally productive in all activities, meaning that as more of a good is produced, less suitable resources are used, increasing the cost.

The Opportunity Cost of a Good Increases as More of It