opportunity costs

greenspun.com : LUSENET : Economic History (and Related Observations) : One Thread

The law of increasing costs means that when an economy increases the productions of one item

a. the opportunity cost goes up b. the actual cost of making the item goes down c. actual cost goes up but he oportnity cost goes down d. production costs will increase also.

-- tom gross (im2koolx@aol.com), February 19, 2004


i want to know about opportunity cost is concluson.thank you very much!

-- david (huarongchen@hotmail.com), July 02, 2004.

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