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If the Law of Increasing Opportunity Costs Is Operable, and Currently

Question 30

Multiple Choice

If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 1,000th unit of good X is 0.5Y, then the opportunity cost of producing the 2,001st unit of good is X is most likely to be


A) less than 0.5Y.
B) more than 0.5Y but less than 2Y.
C) more than 0.5Y.
D) less than 0.5Y but more than zero.

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