The Tendency of Opportunity Cost to Increase as Production Increases

question 196

Multiple Choice

The tendency of opportunity cost to increase as production increases

• A)is an example of theory that has not been proven by facts.
• B)is a general principle, but not a universal fact.
• C)is a universal fact, with no known exceptions.
• D)rarely holds in reality, but is a useful theory.
• E)cannot be tested with standard economic tools.

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