When the Opportunity Cost of Producing More of a Good

question 129

Multiple Choice

When the opportunity cost of producing more of a good is increasing, the marginal cost of producing more of the good is

• A) increasing.
• B) decreasing.
• C) constant.
• D) More information is needed to answer the question.

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Definitions:

Behavior

The actions or reactions of an organism or a system in response to external or internal stimuli.

Functionally Autonomous

A term by psychologist Gordon Allport referring to motives or behaviors that continue independently even after the original reasons for them have changed.

Reflexes

Involuntary and automatic responses of the body to certain stimuli, serving as basic survival mechanisms.

Fixations

Persistent focuses or attachments to behaviors, concepts, or stages of development that were significant in early childhood, possibly leading to psychological issues.