If the price of books were to increase, then the opportunity cost of books will Books 20 and the opportunity cost of CD's will CD'S increase; increase increase; decrease decrease; decrease decrease: increase

If the price of books were to increase, then the opportunity cost of books will Books 20 and the opportunity cost of CD's will CD'S increase; increase increase; decrease decrease; decrease decrease: increase

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 6P

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Question

If the price of books were to increase, then the opportunity cost of books will
Books
20
and the opportunity cost of CD's will
CD'S
increase; increase
increase; decrease
decrease; decrease
decrease; increase

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