"As Output of One Good Expands,the Opportunity Cost of Producing

question 217

Short Answer

"As output of one good expands,the opportunity cost of producing additional units of this good increases," is the law of ____________.

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Definitions:

Atoms Produce Light

The phenomenon where atoms emit light when electrons jump from higher to lower energy levels, releasing photons.

Continuous Spectrum

A seamless spectrum of light (or other electromagnetic radiation) in which every wavelength within a certain range is represented.

Energy Level

The specific amount of energy an electron can have when occupying a certain orbital in an atom.

Atom

The basic unit of a chemical element, consisting of a nucleus of protons and neutrons, and electrons orbiting the nucleus.