Which of the following describes the law of increasing opportunity cost?
As an economy chooses...
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Social Studies, 17.02.2020 22:06 emhunter101
Which of the following describes the law of increasing opportunity cost?
As an economy chooses to produce more of one good; it gives up decreasing amounts of the other good
As an economy chooses to produce more of one good; it gives up the same amounts of the other good
As an economy chooses to produce more of one good, it gives up increasing amounts of the other good
None of the above
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