The Principle of Increasing Opportunity Cost Indicates That the Proper

Multiple Choice

The Principle of Increasing Opportunity Cost indicates that the proper sequence of resource usage to expand production is to

A) randomly choose the resources.
B) start with the highest opportunity cost resource and progress to the lowest opportunity cost resources.
C) start with a lower opportunity cost resource,then a higher cost one,then a lower cost,etc.
D) start with the lowest opportunity cost resource and proceed to the highest opportunity cost resources.
E) start with the average opportunity cost resource and progress to lower opportunity cost resources.