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-Refer to the Above Table

Question 100

Multiple Choice

  -Refer to the above table.For these data the law of increasing opportunity costs is reflected in the fact that: A)  the amount of consumer goods which must be sacrificed to get more capital goods diminishes beyond a point. B)  larger and larger amounts of capital goods must be sacrificed to get additional units of consumer goods. C)  the production possibilities data would graph as a straight downsloping line. D)  the economy's resources are presumed not to be scarce.
-Refer to the above table.For these data the law of increasing opportunity costs is reflected in the fact that:


A) the amount of consumer goods which must be sacrificed to get more capital goods diminishes beyond a point.
B) larger and larger amounts of capital goods must be sacrificed to get additional units of consumer goods.
C) the production possibilities data would graph as a straight downsloping line.
D) the economy's resources are presumed not to be scarce.

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