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:

Assignment Operator

An operator used in programming to assign a value to a variable.

Assignment Statement

Is the act of allocating a particular value to a variable during program execution.

Accumulating Statement

A statement in programming that updates the value of a variable by adding a new value to it.

Postfix Decrement

Postfix Decrement is an operator in programming that decreases the value of a variable by one, after the current operation completes.