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:

Profiling Software

Software tools designed to gather and analyze data about individuals or behavioral patterns for purposes such as targeted marketing, security, or research.

Leadership Development Programs

Structured initiatives designed to enhance leadership skills and abilities in individuals within an organization.

Cost Effective

A term that describes a process, project, or expenditure that provides the best possible outcome or value for the money spent.

Training Needs

Identifications of gaps in skills, knowledge, and abilities among employees, determining what training is required to bridge these gaps for improved performance.