Solved

Because Resources Tend to Be Specialized, Increased Production of Military

Question 104

Multiple Choice

Because resources tend to be specialized, increased production of military goods tends to


A) decrease the opportunity cost of more military goods.
B) increase the opportunity cost of more non-military goods.
C) increase 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