The Principle of Increasing Opportunity Cost Indicates That the Proper

question 18

Multiple Choice

The Principle of Increasing Opportunity Cost indicates that the proper sequence of resource usage to expand production is to

• A) randomly choose the resources.
• B) start with the highest opportunity cost resource and progress to the lowest opportunity cost resources.
• C) start with a lower opportunity cost resource,then a higher cost one,then a lower cost,etc.
• D) start with the lowest opportunity cost resource and proceed to the highest opportunity cost resources.
• E) start with the average opportunity cost resource and progress to lower opportunity cost resources.

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Definitions:

Synapse

A junction between two nerve cells, where impulses pass by diffusion of a neurotransmitter.

Thyroid Gland

An endocrine gland located in the neck that produces hormones regulating metabolism, energy generation, and growth.

Thyroxin

A hormone produced by the thyroid gland that regulates metabolism, energy generation, and growth and development; also known as thyroxine or T4.

Neurotransmitters

are chemicals that transmit signals across a synapse from one neuron to another in the nervous system.