When the Opportunity Cost of Producing More of a Good

question 90

Multiple Choice

When the opportunity cost of producing more of a good is increasing, the marginal cost of producing more of the good is

• A) decreasing.
• B) constant.
• C) increasing.
• D) More information is needed to answer the question.

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Definitions:

Electron Shell

The grouping of electrons surrounding the nucleus of an atom, where electrons exist in fixed energy levels.

Octet Rule

A chemical rule of thumb that states atoms tend to combine in such a way that each atom has eight electrons in its valence shell, giving it the same electronic configuration as a noble gas.

Isoelectronic

Describes atoms, molecules, or ions that have the same number of electrons and similar electronic structure, but different nuclear charges.

Octet Rule

A chemical rule of thumb that states atoms tend to combine in such a way that they each have eight electrons in their valence shells, giving them the same electron configuration as a noble gas.