When the opportunity cost of producing more of a good is increasing, the marginal cost of producing more of the good is
A) decreasing.
B) constant.
C) increasing.
D) More information is needed to answer the question.

Question

Quizplus · Accepted Answer

When the opportunity cost of producing more of a good is increasing, it means that to produce each additional unit, the economy must give up more and more of other goods. This scenario directly translates to an increasing marginal cost, as the marginal cost reflects the additional cost of producing one more unit of a good.

When the Opportunity Cost of Producing More of a Good