As Resources Are Not Perfectly Adaptable to the Production of Both

question 144

Multiple Choice

As resources are not perfectly adaptable to the production of both Good A and Good B,_____.

• A)the opportunity cost of Good A increases as the production of Good A increases.
• B)the opportunity cost of Good A decreases as the production of Good A increases.
• C)it is impossible for the economy to produce both Good A and Good B.
• D)the opportunity cost of Good A is constant.
• E)the opportunity cost of Good B is constant.

---

Definitions:

Waste Disposal

The process of managing waste materials by disposing of them safely and efficiently to minimize environmental impact.

Unemployment Compensation

Government-provided financial assistance to individuals who have lost their jobs through no fault of their own, during the period they seek new employment.

Laid Off

The temporary or permanent termination of employment, typically due to economic conditions or company restructuring.

Chamber of Commerce

An organization of business owners aimed at promoting and protecting the interests of its members within a community.