Increasing marginal opportunity costs indicate that if a nation wants to produce more of one product,it may do so by giving up greater and greater amounts of another product.

Question

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Increasing marginal opportunity costs mean that to produce additional units of one product, a nation must forego producing more and more units of another product. This means that the opportunity cost of producing one additional unit of the product increases as more units of that product are produced.

Increasing Marginal Opportunity Costs Indicate That If a Nation Wants