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Author Question: Because resources are not equally well suited to producing all goods (Read 164 times)

Tazate

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on: Apr 19, 2019

Because resources are not equally well suited to producing all goods


◦ as more of a good is produced the inputs used to produce that good will increase in price.
◦ the opportunity costs of producing a good will increase as more of that good is produced.
◦ the opportunity costs of producing a good will decrease as more of that good is produced.
◦ 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
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Marked as best answer by Tazate on Apr 19, 2019

bblaney

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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.
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Tazate

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Reply #2 on: Apr 19, 2019
Excellent


bblaney

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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