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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