312,559 views
21 votes
21 votes
Which of the following examples would

NOT experience the "Law of Increasing
Opportunity Costs?"
A. The production of ships
and production of semi trucks
by the same company.
B. The production of light bulbs and production of dog
food by the same company.
C. The production of tables and production of chairs by
the same company.

User Geordie
by
3.0k points

2 Answers

9 votes
9 votes
answer C: because both products are made of the same materials, both costs would be effected.
User Thrinadhn
by
3.3k points
23 votes
23 votes
The answer is C because both are made using the same materials and so increasing the manufacturing cost of one would increase the cost of the other
User Jhrf
by
3.0k points