the law of increasing costs means that when an economy increases the production of one item?

1)the opportunoty cost goes up

2)the actual cost of making the item goes down

3)the actual cost goes up but the opportunity cost goes down

4)the production costs will increase also

Top 3 Answers

A few days ago

Anonymous

Favorite Answer

3)the actual cost goes up but the opportunity cost goes down

5 years ago

Increasing costs go par with Malthusian prophecy. Limited resources will have more and more demand and so cost of production will go on increasing, to an extent that demand for the end good falls.

A few days ago

scott A

reread your economics chapter

what is the spanish word for are?

Finding limit lim h->0 (4^h-1)/h?

who was the president when the first model T automobile was produced?

I have to interview myself for a school assignment and I’m not sure which questions to ask. Any ideas?

The Outsiders, novel(essay)?

wher can i see a diagram of the rock cycle?

If I had a special friendship, what could been some good and bad moments (made up)?

Lab project?

the law of increasing costs means that when an economy increases the production of one item?

the law of increasing costs means that when an economy increases the production of one item?

Related Posts