Increasing Opportunity Cost Implies That

question 129

Multiple Choice

Increasing opportunity cost implies that

• A) producing additional units of one good results in proportionately smaller reductions in the output of the other good.
• B) producing additional units of one good results in increasing amounts of lost output of the other good.
• C) the production possibilities frontier will be a straight line.
• D) the society will be producing inside its production possibilities frontier.

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Definitions:

Distracting

Something that diverts attention away from the main focus or task, often leading to a decrease in productivity or concentration.

Emotional Responses

Reactions that involve feelings such as happiness, anger, or sadness, typically triggered by an external event.

Main Ideas

The central concepts or essential points that are being communicated in a text or speech.

Tape-Record

A method of recording sound or video onto magnetic tape for playback or storage.