Multiple Choice
The law of diminishing marginal productivity implies that opportunity cost:
A) increases as one input is increased to produce successive units of output.
B) increases as all inputs are increased to produce successive units of output.
C) is constant as one input is increased to produce successive units of output.
D) is constant as all inputs are increased to produce successive units of output.
Correct Answer:
Verified
Correct Answer:
Verified
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