Multiple Choice
Joe's opportunity cost of producing body piercings is 3 tattoos,while Sam's is 0.75 tattoos.The Principle of Increasing Opportunity Cost would indicate that,to produce more and more body piercings,
A) Joe would be used first,followed by Sam.
B) Sam would always be used.
C) Sam would be used first and then Joe.
D) the sequencing of Sam and Joe is irrelevant.
E) Joe would always be used.
Correct Answer:
Verified
Correct Answer:
Verified
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