economic growth implies\n\n○ a. you can only have more of one good by having less of another.\n○ b…

economic growth implies\n\n○ a. you can only have more of one good by having less of another.\n○ b. opportunity costs are decreasing.\n○ c. you can now have more of all goods.\n○ d. fewer resources are available.

economic growth implies\n\n○ a. you can only have more of one good by having less of another.\n○ b. opportunity costs are decreasing.\n○ c. you can now have more of all goods.\n○ d. fewer resources are available.

Answer

Brief Explanations:

Economic growth generally means an increase in the production - possibility frontier. This allows for the production of more of all goods and services with the same or more resources. Option A represents the concept of trade - offs in a static situation without growth. Option B about decreasing opportunity costs is not a direct implication of economic growth. Option D is incorrect as economic growth is often associated with better utilization or increase in resources rather than fewer resources being available.

Answer:

C. you can now have more of all goods