Multiple Choice
Increasing opportunity cost while moving along a production possibilities frontier is the result of
A) taxes.
B) firms' needs to produce profits.
C) the fact that it is more difficult to use resources efficiently the more society produces.
D) the fact that resources are not equally productive in alternative uses.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: Production possibilities<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Production possibilities
Q79: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The table above
Q80: Production possibilities<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Production possibilities
Q81: A situation in which some resources are
Q82: In an eight-hour day, Andy can produce
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In 2012, Country
Q85: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q86: In one week Alice can produce 5
Q87: Country A is a high income country,
Q88: The most anyone is willing to pay