As Resources Are Not Perfectly Adaptable to the Production of Both

question 144

Multiple Choice

As resources are not perfectly adaptable to the production of both Good A and Good B,_____.

• A)the opportunity cost of Good A increases as the production of Good A increases.
• B)the opportunity cost of Good A decreases as the production of Good A increases.
• C)it is impossible for the economy to produce both Good A and Good B.
• D)the opportunity cost of Good A is constant.
• E)the opportunity cost of Good B is constant.

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Definitions:

Contraception Methods

Various techniques or devices used to prevent pregnancy and control fertility.

Higher Education

Post-secondary schooling that includes universities and colleges, often leading to a degree or certification.

Fertility Rates

The mean amount of offspring a female member of a certain population gives birth to during her life.

Child Free

Pertains to individuals or couples who choose not to have children by choice for personal, environmental, or lifestyle reasons.