Which of the following best reflects the principle of increasing marginal opportunity cost (or the law of diminishing returns) ?
a. Two hamburgers cost twice as much as one hamburger
b. A large soda costs more than a small soda
c. Two more hours studying per week could raise your grade from a C to a B, but to raise it from a B to an A, would require 7 hours more studying per week
d. Marginal costs increase whenever marginal benefits do
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following best reflects the principle of increasing marginal opportunity cost (or the law of diminishing returns) ? a. Two ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Which of the following best reflects the principle of increasing marginal opportunity cost (or the law of diminishing returns) ? a. Two hamburgers cost twice as much as one hamburger b. A large soda costs more than a small soda c.