Question:

Economic- law of increasing opportunity costs-thank you?

by Guest45287  |  earlier

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According to the law of increasing opportunity costs,

the amount of money it takes to produce a good increases as more of the good is produced.

the risk involved in producing a good increases as more of the good is produced.

the market price of a good increases as more of the good is produced.

the opportunity cost of producing a good increases as more of the good is produced.

all of the above

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  1. d) the opportunity cost of producing a good increases as more of the good is produced.

    Answer key is here:

    http://www2.austincc.edu/sondg/Exams/lec...

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