The law of increasing costs says that as factors of production are shifted from making one good or service to another,
a. the cost of producing the second good or service first decreases and then levels out.
b. the cost of producing the second good or service increases.
c. the cost of producing the second good or service decreases.
d. the cost of producing the second good or service remains the same

Suppose that a worker in caninia can produce either 2 blankets or 8 meals per day, and a worker in felinia can produce either 5 blankets or 1 meal per day. each nation has 10 workers. for many years, the two countries traded, each completely specializing according to their respective comparative advantages. now war has broken out between them and all trade has stopped. without trade, caninia produces and consumes 10 blankets and 40 meals per day and felinia produces and consumes 25 blankets and 5 meals per day. the war has caused the combined daily output of the two countries to decline by

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

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