HELP!!!! WILL GIVE MEDAL!!! The law of increasing costs means that as production shifts from one item to another, A. the cost of production gets cheaper and cheaper. B. the cost of producing an item stays the same no matter how many are produced. C. more and more resources are necessary to increase production of the second item. D. the land costs of increasing production rise much more steeply than do the labor costs.
D.
How did you get D? I was thinking either A or C.
@Nurali
@rose21
Because if the price of the product gets more expensive the products will rise because people will stop buying the product.
understand
Isn't this caption from my book saying that the answer is C, though?
@beastly21
It can go both ways but know that I am looking at it it looks like the answer is going to be C.
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