The Principle of Increasing Marginal Opportunity Cost Does Not Hold

question 53

Multiple Choice

The principle of increasing marginal opportunity cost does not hold in which of the following cases?

• A)All inputs are equally adaptable to the production of all goods.
• B)Some inputs are more adaptable to the production of certain goods.
• C)Some inputs are less adaptable to the production of certain goods.
• D)Each input is adaptable to the production of a limited number of goods.

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Definitions:

On-time Rates

A measure used to evaluate the punctuality or timeliness of services, such as transportations or deliveries.

Scheduled Deliveries

A logistics or supply chain management term referring to the planned timing and routing of deliveries to optimize efficiency and meet customer expectations.

Organic Products

Chemical compounds consisting mainly of carbon and hydrogen, which are produced as a result of organic reactions.

Reaction

The process in which substances (reactants) undergo chemical transformation to form new substances (products) as a result of breaking and forming chemical bonds.