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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Definitions:

Flooding

An overflow of water onto land that is normally dry, often caused by heavy rain, melting snow, or breaches in water control structures.

Foreseen

Expected to occur in the future based on forecasts or predictions.

False Imprisonment

The unlawful confinement of a person without consent or legal authority, effectively restricting their freedom of movement.

Qualified Privilege

A legal immunity granted in specific circumstances, usually during defamation cases, allowing freedom of expression without liability, provided statements are made without malice.