Sunday, July 3, 2011

Because resources are not perfectly adaptable to the production of both good A and good B,

ECONOMICS

Multiple Choice

Multiple Choice

Because resources are not perfectly adaptable to the production of both good A and good B,

a. the opportunity cost of A increases as production of A increases

b. the opportunity cost of A decreases as production of A increases

c. it is impossible for the economy to produce both A and B

d. the opportunity cost of A is constant

e. the opportunity cost of B is constant

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