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he law of increasing costs means that as production shifts from one item to another, A. the cost of production gets cheaper and cheaper. B. the cost of producing an item stays the same no matter how many are produced. C. more and more resources are necessary to increase production of the second item. D. the land costs of increasing production rise much more steeply than do the labor costs.
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Asked 1/30/2016 12:18:34 PM
Updated 1/30/2016 12:37:48 PM
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User: he law of increasing costs means that as production shifts from one item to another, A. the cost of production gets cheaper and cheaper. B. the cost of producing an item stays the same no matter how many are produced. C. more and more resources are necessary to increase production of the second item. D. the land costs of increasing production rise much more steeply than do the labor costs.

Weegy: The law of increasing costs means that as production shifts from one item to another, A. the cost of production gets cheaper and cheaper.
OxTornado007|Points 6899|

Question
Asked 1/30/2016 12:18:34 PM
Updated 1/30/2016 12:37:48 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by jeifunk [1/30/2016 12:37:38 PM]
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The law of increasing costs means that as production shifts from one item to another more and more resources are necessary to increase production of the second item.

Added 1/30/2016 12:37:48 PM
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