If the Law of Increasing Opportunity Costs Is Operable,and Currently

question 24

Multiple Choice

If the law of increasing opportunity costs is operable,and currently the opportunity cost of producing the 101st unit of good X is 5Y,then the opportunity cost of producing the 201st unit of good is X is

• A) less than 5Y.
• B) greater than 1/5Y but less than 5Y.
• C) greater than 5Y.
• D) less than 1/5Y but more than zero.

---

Definitions:

Needs Analysis

A process used to identify gaps between current and desired performance or outcomes, often used in organizational and training contexts.

Training And Development

The process of enhancing the skill set and knowledge of employees through various educational methods.

Performance Problems

Issues or deficiencies in the execution of tasks in the workplace that can affect overall productivity and efficiency.

Needs Analysis

The process of determining gaps in performance or skills among employees or teams, which then informs the development of targeted training programs.