The principle that the opportunity cost increases as the ...

[future617RT]

The principle that the opportunity cost increases as the production of one output expands along the production possibilities curve is the:
 a. law of increasing opportunity costs.
  b. law of supply.
  c. law of demand.
  d. law of diminishing returns.

Question 2

According to marginal analysis, you should spend more time studying economics if the extra benefit from an additional hour of study:
 a. is positive.
  b. outweighs the extra cost.
  c. exceeds the benefits of the previous hour of study.
  d. will raise your exam score.

[CourtneyCNorton]

Answer to Question 1

a

Answer to Question 2

b

[future617RT]

Thanks for the timely response, appreciate it

[JaynaD87]

Great answer, keep it coming