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multiple choice question the simple model of production assumes that th…

Question

multiple choice question the simple model of production assumes that the opportunity cost of production is: decreasing. zero. constant. increasing.

Explanation:

Brief Explanations

The simple production model (often represented by a linear production possibilities frontier) assumes resources are perfectly adaptable between producing different goods. This means the amount of one good given up to produce an additional unit of another good stays the same, so opportunity cost is constant.

Answer:

C. constant.