Because Resources Are Not Perfectly Adaptable to the Production of Both

question 134

Multiple Choice

Because resources are not perfectly adaptable to the production of both good A and good B,

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

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Definitions:

Premises

Statements or propositions from which conclusions are logically derived in arguments.

Conclusion

Conclusion refers to the end or finish of an event, process, or text, often summarizing the main points or deducing a final decision.

Conjunctions

Words that connect clauses, sentences, or words in the same sentence to coordinate thoughts and ideas.

Connective

A term or element used in logic and language to link propositions, sentences, or words in a coherent way to construct complex statements.