4. the opportunity cost of producing more of a good increases because of: increasing returns to scale…

4. the opportunity cost of producing more of a good increases because of: increasing returns to scale. increasing returns to inputs. diminishing opportunity costs. diminishing returns to inputs.

4. the opportunity cost of producing more of a good increases because of: increasing returns to scale. increasing returns to inputs. diminishing opportunity costs. diminishing returns to inputs.

Answer

Brief Explanations:

The law of diminishing returns to inputs states that as more of a variable input is added to fixed inputs, the marginal product of the variable input eventually declines. When producing more of a good, resources have to be re - allocated from other uses. Due to diminishing returns to inputs, more and more of other goods have to be given up to produce an additional unit of the good in question, thus increasing the opportunity cost.

Answer:

diminishing returns to inputs.