According to the Principle of Increasing Opportunity Cost, in Expanding

question 141

Multiple Choice

According to the Principle of Increasing Opportunity Cost, in expanding the production of any good, we should start by utilizing the resources that:

• A)we have the most of.
• B)we have the least of.
• C)have the highest opportunity cost.
• D)have the lowest opportunity cost.

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Definitions:

General Adaptation Syndrome

A framework that outlines how the body responds to stress over both immediate and extended periods, identified by three phases: alarm, resistance, and exhaustion.

Endocrine Activity

The function of glands that secrete hormones directly into the bloodstream to regulate various bodily processes.

Resistance Stage

The second phase of the stress response, where the body tries to adapt to the stressor.

Approach-avoidance Conflict

A psychological situation where an individual is simultaneously attracted to and repelled by the same goal or object, often leading to stress and indecision.