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
Correct Answer:
Verified
Correct Answer:
Verified
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