Notice: Payments for answers will end 4/10/2017. Click for more info.
Question and answer
Q: The law of increasing costs means that when an economy increases the production of one item a. the opportunity cost goes up. b. the actual cost of making the item goes down. c. the actual cost
goes up but the opportunity cost goes down. d. the production costs will increase also.
A: This conversation has been flagged as incorrect. New answers have been added below ....
Get an answer
Original conversation
User: The law of increasing costs means that when an economy increases the production of one item a. the opportunity cost goes up. b. the actual cost of making the item goes down. c. the actual cost goes up but the opportunity cost goes down. d. the production costs will increase also.





Weegy: b. the actual cost of making the item goes down.
Expert answered|SarahGCarpio|Points 61|

User: The production-possibilities frontier separates outcomes that are possible for an individual (or a group) to produce from those which_______. a. are scarce. c. cannot be produced. b. have utility. d. are efficient.



Question
Asked 9/3/2013 2:59:00 PM
Updated 9/25/2014 11:13:11 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [9/25/2014 11:13:09 PM]
New answers
Rating
3
The law of increasing costs means that when an economy increases production of one item the opportunity cost goes up.

Added 9/25/2014 11:13:11 PM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Theoretically, if a person or a country had an unlimited amount of a resource, then that person or country would: a. have to place limits on its use. c. run out of it. b. not have to make a choice on how to use it. d. have to worry about supply.
Question
Expert Answered
Updated 3/6/2016 9:19:14 AM
1 Answer/Comment
Theoretically, if a person or a country had an unlimited amount of a resource, then that person or country would: not have to make a choice on how to use it.
Added 3/6/2016 9:14:38 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [3/6/2016 9:19:17 AM]
27,390,906 questions answered
Weegy Stuff
S
P
Points 114 [Total 765] Ratings 0 Comments 114 Invitations 0 Offline
S
P
P
L
P
P
Points 54 [Total 1722] Ratings 0 Comments 54 Invitations 0 Offline
S
Points 21 [Total 21] Ratings 2 Comments 1 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 2 Comments 0 Invitations 0 Offline
S
Points 3 [Total 14] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.