As production of a good increases, opportunity costs rise because:
A) there will be more inefficiency.
B) people always prefer having more goods.
C) of inflationary pressures.
D) workers are not equally suited to all tasks.
Correct Answer:
Verified
Q74: Exhibit 2-14 Production possibilities curve Q75: Exhibit 2-12 Production possibilities curve Q76: Exhibit 2-15 Production possibilities curve Q77: Exhibit 2-13 Production possibilities curve Q78: Exhibit 2-8 Production possibilities curve data Q80: When the opportunity cost of producing carrots Q81: An analysis of production possibilities curves indicates Q82: Economic growth may be represented by a(n): Q83: Compare two economies A and B that Q145: With time, which one of the following 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![]()
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A)