menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 2
  4. Exam
    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    ________ Marginal Opportunity Cost Implies That the More Resources Already
Solved

________ Marginal Opportunity Cost Implies That the More Resources Already

Question 124

Question 124

Multiple Choice

________ marginal opportunity cost implies that the more resources already devoted to any activity, the payoff from allocating yet more resources to that activity increases by progressively smaller amounts.


A) Increasing
B) Decreasing
C) Constant
D) Negative

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q119: For each bottle of wine that Italy

Q120: Figure 2-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-4

Q121: What is a circular flow diagram and

Q122: Figure 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-8

Q123: a.Draw a production possibilities frontier for a

Q125: Figure 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-9

Q126: If a country is producing efficiently and

Q127: What is comparative advantage? What is absolute

Q128: Which of the following is an example

Q129: An inward shift of a nation's production

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines