Solved

Because Resources Tend to Be Specialized, If a Society Chooses

Question 246

Multiple Choice

Because resources tend to be specialized, if a society chooses to increase production of military goods, this tends to


A) result in a decrease in the opportunity cost of more military goods.
B) result in an increase in the opportunity cost of more nonmilitary goods.
C) result in an increase in the opportunity cost of more military goods.
D) change the position of the production possibilities curve.
E) alter the slope of the production possibilities curve.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions