What does increasing marginal opportunity costs mean? A. Increasing the production of a good requires smaller and smaller decreases in the production of another good.

B. Increasing the production of a good requires larger and larger decreases in the production of another good.

C. Increasing the production of a good requires decreases in the production of another good.

D. The economy is unable to produce increasing quantities of goods and services.

E. Production is not occurring on the production possibilities frontier.

Question

Business

Mya

7 January, 20:45

What does increasing marginal opportunity costs mean? A. Increasing the production of a good requires smaller and smaller decreases in the production of another good.

B. Increasing the production of a good requires larger and larger decreases in the production of another good.

C. Increasing the production of a good requires decreases in the production of another good.

D. The economy is unable to produce increasing quantities of goods and services.

E. Production is not occurring on the production possibilities frontier.

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Answers (1)

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Edgar Erickson · Answer 1

Answer:B. Increasing the production of a good requires larger and larger decreases in the production of another good.

Explanation: Marginal opportunity cost is the increase in the total cost of production caused by the production of additional units of Products. It can also be described as the effects on the cost of production as a result of adding another unit to the production.

To control marginal opportunity costs, increasing the production of a product should lead to the decreasing of the production of additional or another goods.