As Production of a Good Increases, Opportunity Costs Rise Because

question 55

Multiple Choice

As production of a good increases, opportunity costs rise because:

• A) there will be more inefficiency.
• B) people always prefer having more goods.
• C) of inflationary pressures.
• D) workers are not equally suited to all tasks.

---

Definitions:

Responsibility

The duty or obligation to perform or complete a task, often with an understanding of the moral, legal, or social consequences of failure to do so.

Conflict Resolution

The process of resolving a disagreement or dispute between parties in a constructive manner.

Negotiation

A dialogue between two or more people or parties intended to reach a beneficial outcome over one or more issues where conflict exists.

Win-Lose

A competitive situation or outcome in which one party's gain is exactly balanced by another's loss.