Which of the Following Is an Illustration of the Law

question 10

Multiple Choice

Which of the following is an illustration of the law of increasing opportunity costs?

• A) As more cars are produced,the opportunity cost of each additional car is greater than for the preceding unit.
• B) As more cars are produced,the opportunity cost of each additional car is less than for the preceding unit.
• C) As more cars are produced,the opportunity cost of each additional car is the same as for the preceding unit.
• D) People pay lower prices for cars the higher the costs of producing cars.

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Definitions:

Interrogation Technique

Methods and strategies used by trained personnel to elicit information, confessions, or evidence from a suspect or individual in a controlled environment.

Perceptions

The way individuals interpret and understand the world around them through their senses.

Complex Reflections

deep or multi-layered interpretations or considerations of thoughts, feelings, or behaviors.

Utilize

The act of making use of something efficiently for a particular purpose.