The fact of increasing opportunity cost when moving on the PPF means that Select one: O...

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The fact of increasing opportunity cost when moving on the PPF means that Select one: O A. when the government forces a movem

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Answer 1

Answer #1

For a production possibility frontier, when the government
increases the production of one good along one axis the government
is giving up the production of the other good on the other axis.
The government is giving up more of the other good as it continues to
produce the one good.
The opportunity cost of making more of one good increases as the government
increases the production of that good.

C. to increase the production of one product requires larger and larger
sacrifices of the other good.

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Answer 2

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