Author Question: Increasing marginal opportunity cost implies that A) that rising opportunity costs makes it ... (Read 191 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
Increasing marginal opportunity cost implies that
 
  A) that rising opportunity costs makes it inefficient to produce beyond a certain quantity.
  B) the law of scarcity.
  C) the more resources already devoted to any activity, the benefits from allocating yet more resources to that activity decreases by progressively larger amounts.
  D) the more resources already devoted to any activity, the payoff from allocating yet more resources to that activity increases by progressively smaller amounts.

Question 2

The sum of public and private saving in an economy is equal to
 
  A) T - TR - G. B) I - C - G. C) Y - C - T. D) Y - C - G.



ilianabrrr

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library