Why does the law of increasing opportunity cost occur?
a. Some resources are better suited for some tasks than others.
b. As opportunity cost increases, production increases.
c. The marginal market price of goods rises as more is produced.
d. As opportunity cost increases, production decreases.
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Home » Business » Why does the law of increasing opportunity cost occur? a. Some resources are better suited for some tasks than others. b. As opportunity cost increases, production increases. c. The marginal market price of goods rises as more is produced. d.