economics at California State University - Northridge - Online Flashcards, Study Guides and Notes - StudyBlue

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In one month mikhail's furnishings
According to the law of increasing opportunity cost, as a society – more and more of a certain good, further production – involve ever-greater opportunity costs, so that producing the good is associated with greater and greater –.
Would you be more willing to lend to a friend if she put all of her life savings into her business than you would if she had not done so?

In one month mikhail's furnishings
According to the law of increasing opportunity cost, as a society – more and more of a certain good, further production – involve ever-greater opportunity costs, so that producing the good is associated with greater and greater –.
Would you be more willing to lend to a friend if she put all of her life savings into her business than you would if she had not done so?