Since the AS curve is upward sloping,as production increases,all of the following are true except:
A)productivity is likely to fall.
B)the firm will be forced to use less suitable resources.
C)the price of resources increases
D)the cost of production to rise.

Question

Quizplus · Accepted Answer

The price of resources does not necessarily increase as production increases; it can remain constant or even decrease due to economies of scale or other factors.

Since the AS Curve Is Upward Sloping,as Production Increases,all of the Following