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Loraine Loraine
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Posts: 4563
8 years ago
As an economy increasingly specializes in producing one good, the opportunity cost of that good increases. The opportunity cost increases because
A) resources are not equally productive in all activities.
B) what must be paid to resources increases.
C) human wants are virtually unlimited.
D) not all goods are equally valuable.
E) as more of a good is produced, the profit from its production must rise.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 255 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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DropxDropx
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Posts: 1990
8 years ago
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8 years ago
Happy to help, let me know if you have any more requests.
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