The Opportunity Cost of a Good Increases as More of It

question 243

Multiple Choice

The opportunity cost of a good increases as more of it is produced because

• A) there is no such thing as a free lunch.
• B) resources are not equally productive in all activities.
• C) producing more of a good requires additional resources.
• D) the number of forgone alternatives also increases.
• E) people want the good less as more is produced.

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Definitions:

Odorous Wound

A wound that emits a noticeable and often unpleasant smell, usually indicative of infection or necrosis.

Pressure Ulcer

An injury to skin and underlying tissue, usually over a bony prominence, as a result of prolonged pressure, often occurring in bedridden or immobile patients.

Albumin

A protein made by the liver, essential in maintaining the pressure and fluid balance in the blood and body.

Laboratory Data

Information and results generated from clinical tests and analyses conducted in a controlled, scientific setting.