Because resources tend to be specialized, if a society chooses to increase production of military goods, this tends to
A)result in a decrease in the opportunity cost of more military goods.
B)result in an increase in the opportunity cost of more nonmilitary goods.
C)result in an increase in the opportunity cost of more military goods.
D)change the position of the production possibilities curve.
E)alter the slope of the production possibilities curve.

Question

Quizplus · Accepted Answer

The Answer of Because resources tend to be specialized, if a society chooses to increase production of military goods, this tends to
A)result in a decrease in the opportunity cost of more military goods.
B)result in an increase in the opportunity cost of more nonmilitary goods.
C)result in an increase in the opportunity cost of more military goods.
D)change the position of the production possibilities curve.
E)alter the slope of the production possibilities curve.

Because Resources Tend to Be Specialized, If a Society Chooses