One of the opportunity costs of economic growth is
A) capital accumulation.
B) the gain in future consumption.
C) technological change.
D) reduced current consumption.
Correct Answer:
Verified
Q46: Q102: When the production possibilities frontier is bowed Q103: In one day, Sue can change the Q104: Capital accumulation definitely Q105: Marginal cost curves slope Q108: Marginal cost Q109: When a nation has a comparative advantage Q110: In goods markets _ and in factor Q111: Resource use is allocatively efficient when marginal Q124: The idea of comparative advantage implies that![]()
A) shifts the production possibilities
A) upward because of
A) decreases as marginal benefits decrease.
B)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents