Business, 14.07.2019 00:30, kaylan2019
The law of increasing costs warns us that as demand increases, the cost of the product increases. as the cost of production increases, the price of the product must increase. according to the ppf, as we produce more of one product, eventually we have give up more and more of the other product. more desire leads to more costly decisions. people value products more only if they cost more.
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The law of increasing costs warns us that as demand increases, the cost of the product increases. as...
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