Multiple Choice
The Law of Increasing Cost is based upon which of the following?
A) If units of a resource are added to a fixed proportion of other resources,eventually marginal output will decline.
B) Economies of scale eventually outweigh diseconomies of scale.
C) Resources become more suitable for use in the production process as the output of one good expands.
D) All of the choices are true.
Correct Answer:

Verified
Correct Answer:
Verified
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