Answer:
Option C,greater production of one good requires increasingly sacrifices of other goods, is correct
Explanation:
The law of increasing opportunity costs states that as a producer increases the quantity manufactured of a commodity,the costs of alternative forgone by choosing to produce the desired product increases.
In other words,if decision is to be made between producing petrol and bitumen and ultimately bitumen is preferred,as more and more bitumen is produced,the quantity of petrol to be given up increases as well.
