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erik [133]
3 years ago
15

If the law of increasing opportunity costs is operable, and currently the opportunity cost of producing the 101st unit of good X

is 5Y, then the opportunity cost of producing the 201st unit of good is X is most likely to be
a.less than 5Y.
b.more than 1/5Y but less than 5Y.
c.more than 5Y
d.less than 1/5Y but more than zero.
e.none of the above
Business
1 answer:
lys-0071 [83]3 years ago
4 0

Answer:

C) more than 5Y

Explanation:

the opportunity cost of producing 101 units of X = 5 units of Y

if the opportunity costs increase as the number of units produced increases, then the opportunity cost of producing 201 units of X will be more than 5 unit of Y. This is simply because 5 units of Y was the opportunity cost of producing 101 units of X and the opportunity costs are increased.

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