Universal child support assurance would cost little more than the present system

Indicate whether the statement is true or false

F

Economics

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Increasing opportunity cost occurs along a production possibilities frontier because

A) resources are not equally productive in all activities. B) increasing wants need to be satisfied. C) in order to produce more of one good decreasing amounts of another good must be sacrificed. D) production takes time.

Economics

An externality can be a

A) cost or a benefit. B) benefit but not a cost. C) cost but not a benefit. D) marginal cost but not a total cost.

Economics