The ________ States That the Opportunity Cost of Producing a Good

question 64

Multiple Choice

The ________ states that the opportunity cost of producing a good always rises as you produce more of it.

• A) law of increasing relative cost
• B) law of positive economics
• C) law of demand
• D) production possibilities frontier (PPF) model
• E) zero-sum game

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Definitions:

Tissue Types

Categories of biological tissues based on similar cells and their functions such as epithelial, connective, muscle, and nervous tissues.

Endocrine

Pertaining to glands that secrete hormones directly into the bloodstream to regulate body processes.

Positive Feedback

A process where the output or effect of a system increases the activity or process in the same direction.

Nervous System

A complex network of nerves and cells (neurons) that transmit signals between different parts of the body, coordinating behavior, movement, and physiological processes.