This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As more of a good, such as television sets, is produced, the opportunity costs of producing it ... (Read 127 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Apr 19, 2019

As more of a good, such as television sets, is produced, the opportunity costs of producing it increases. This most likely occurs because


◦ as more of a good is produced, the inputs used to produce that good will increase in price.
◦ consumers would be willing to pay higher prices for the good as more of the good is produced.
◦ resources are not equally well suited to producing all goods, and as more of a good is produced, it is necessary to use resources less well suited to the production of that good.
◦ as more of a good is produced, the quality of that good declines, and therefore the costs of production increase.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tuffie on Apr 19, 2019

nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


tuffie

  • Hero Member
  • *****
  • Posts: 534
Reply #2 on: Apr 19, 2019
Thanks


nothere

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Effects of excluding Helicopsyche borealis on benthic algal biomass: (a) two sets of tiles at the be Effects of excluding Helicopsyche borealis on benthic algal biomass: (a) two sets of tiles at the be
Recombinants are produced by crossovers Recombinants are produced by crossovers
Increasing Costs of Natural Disasters Increasing Costs of Natural Disasters
Should We Prolong Life at all Costs? Should We Prolong Life at all Costs?
Major Agricultural Crops Produced in the United States, 2011 Major Agricultural Crops Produced in the United States, 2011
Most Canadian seniors rated their health as good to excellent. Most Canadian seniors rated their health as good to excellent.
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library