View Single Post
  #9  
Old 10-05-2007, 01:47 PM
ShaneP ShaneP is offline
Member
 
Join Date: Aug 2006
Posts: 80
Default Re: Couple of Other Economics Questions - Quickies once again

[ QUOTE ]
[ QUOTE ]

For 1, aren't both (c) and (e) both logical options?

[/ QUOTE ]

Why would the question and answer both have "opportunity cost" in it if it is asking you what the law of opportunity cost is?

[/ QUOTE ]

Also, just FYI, (c) is stating *something* like in increasing (or decreasing) returns to scale, though to be accurate, it would have to talk about cost, not opportunity cost if it were about returns to scale. That's probably why it's a good distractor, it sounds like something you've heard before that sounds somewhat plausable.
Reply With Quote