The answer to that statement is E) Yes, an increase in the production of capital goods means less current consumer goods.
Further explanation
Opportunity cost is a measure of economic costs that must be incurred to produce a certain good or service about other alternatives that must be sacrificed.
In simple opportunity cost is the cost arising from the loss of opportunity due to the fulfillment of another need. For example, if more resources are used to produce food, fewer resources will be used to produce drinks. Opportunity costs arise, because of the choices made by individuals, companies, and communities for the scarcity faced.
There are several characteristics of the opportunity costs. The following are the characteristics of opportunity costs:
How to calculate opportunity costs is not always associated with money. But it can be linked to happiness, time, benefits gained in the future, and others.
Have many possibilities related to its usefulness?
The choice of opportunity costs depends on the intent and condition of each individual/company.
Opportunity costs are generally secondary and tertiary needs.
The following are the benefits of Opportunity Cost Calculation:
Open Business Opportunities & Minimize Risk
Help with Capital Calculations
Simplify Setting Priorities
Save Business Expenditures