The complete fragment would look like this: The law of Increasing Opportunity cost says that because some resources are better suited to producing one good or service than another, as the production of a good or a service increases, the opportunity cost of each additional unit rises.
The law of opportunity cost increase is a concept often used in business and economic circles to refer to the process of making additional units of a good, the opportunity cost associated with which production will also increase.
This term refers to the directly proportional relationship between the increase in production and the increase in opportunity cost (profits) from that product. According to the above, we can infer that the appropriate terms to complete the paragraph would be
Note: This question is incomplete here is the complete question:
Fill in the blanks with the appropriate terms:
The law of ___________ __________ cost says that because some resources are better suited to producing one good or service than another, as the production of a good or a service increases, the _______ cost of each additional unit rises.
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