Business
Business, 17.01.2020 19:31, 2006260

Which of the following best reflects the principle of increasing marginal opportunity cost (or the law of diminishing returns)?

a. two hamburgers cost twice as much as one hamburger
b. a large soda costs more than a small soda
c. two more hours studying per week could raise your grade from a c to a b, but to raise it from a b to an a, would require 7 hours more studying per week
d. marginal costs increase whenever marginal benefits do

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Which of the following best reflects the principle of increasing marginal opportunity cost (or the l...

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