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NYC NYC
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8 years ago
Because resources are not equally well suited to producing all goods:
A) the opportunity costs of producing a good will increase as more of that good is produced.
B) the opportunity costs of producing a good will decrease as more of that good is produced.
C) as more of a good is produced the quality of that good declines and therefore the costs of production increase.
D) as more of a good is produced the inputs used to produce that good will increase in price.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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8 years ago
Thanks for answering Slight Smile
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