Business
Business, 26.10.2021 02:40, irene003

The law of increasing opportunity costs indicates that: a. resources are perfectly mobile except for transportation costs.
b. the sum of all costs cannot rise above the market price of a product.
c. to produce more of one good, society must sacrifice larger and larger amounts of alternative goods.
d. if the prices of all the resources involved in the production of goods increase, the cost of producing those goods will increase at the same rate.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 23:30, shannydouglas
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
image
Business, 22.06.2019 10:20, alayciaruffin076
What two things do you consider when evaluating the time value of money
Answers: 1
image
Business, 22.06.2019 11:00, jasozhan
Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150
Answers: 2
image
Business, 22.06.2019 20:00, Hockeypro1127
An arithmetic progression involves the addition of the same quantity to each number. which might represent the arithmetic growth of agricultural production
Answers: 3
Do you know the correct answer?
The law of increasing opportunity costs indicates that: a. resources are perfectly mobile except...

Questions in other subjects:

Konu
Mathematics, 04.07.2019 07:40
Konu
Mathematics, 04.07.2019 07:40