Question

explain

50:00 Time Left:0:22:22 Gracie Walden: Attempt 1 Question 20 (1 point) Answer the question on the basis of the data given in the following production possibilities table: Production Possibilities (Alternatives) Capital Goods 6 4 3 2 1 0 Consumer Goods o 59 12 14 15 Refer to the table. For these data, the law of increasing opportunity costs is reflected in the fact that larger and larger amounts of capital goods must be sacrificed to get additional units of consumer goods the amount of consumer goods that must be sacrificed to get more capital goods diminishes beyond a point the economy's resources are presumed to be scarce the production possibilities data would graph as a straight downsloping line: Previous Page Next Page Page 20 of 25 Aつ

Answer 1