If this economy produces more than 20 houses per year,the opportunity cost of a house will ________ because ________.

Question

Quizplus · Accepted Answer

When the economy produces more than 20 houses per year, it means that resources have to be shifted from other industries to produce more houses. This implies that inputs with a higher opportunity cost must be used, leading to an increase in the opportunity cost of producing a house. Therefore, choice B is the correct answer.

If This Economy Produces More Than 20 Houses Per Year,the