Which of the Following Statements Describes the Key Assumption Behind

question 146

Multiple Choice

Which of the following statements describes the key assumption behind the law of increasing costs?

• A)Not all resources are equally suitable for the production of goods and services.
• B)All resources are equally suitable for the production of goods and services.
• C)All resources available are not fixed in the production of goods and services.
• D)Although resources are available in unlimited amounts,their usefulness in production is limited over time.

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