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Business, 23.01.2020 18:31 444x4gang4

The law of increasing opportunity costs exists because:

a. resources are not equally efficient in producing various goods.
b. the value of the dollar has diminished historically because of persistent inflation.
c. wage rates invariably rise as the economy approaches full employment.
d. consumers tend to value any good more highly when they have little of it.

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The law of increasing opportunity costs exists because:

a. resources are not equally e...
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