The Proposition That States That as Output Increases for One

question 125

Multiple Choice

The proposition that states that as output increases for one good in an economy that is on its production possibilities curve, the cost of additional units of the good on the horizontal axis will be greater and greater is the:

• A)Law of absolute advantage.
• B)Law of increasing opportunity cost.
• C)Law of policy ineffectiveness.
• D)Law of demand.

---

Definitions:

Human Rights

The fundamental rights and freedoms that every person is entitled to, such as the right to life, liberty, and personal security.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, including all great powers, organized into two opposing military alliances: the Allies and the Axis.

Eric Foner

A prominent American historian, recognized for his scholarly contributions to the understanding of American history, particularly the Civil War and Reconstruction periods.

Ethnic Minorities

Refers to groups within a larger society that have distinct cultural, linguistic, religious, or racial characteristics, which differ from the majority population.