6. The opportunity cost of producing capital goods is 7. Constant opportunity cost will only occur when 8. What does the line A=B represents: 9. The Elasticity of Demand Coefcient for potato chips, if 10% decrease in price causes a 5% increase in quantity demanded would be 10. The concept of national economic development of an industry using trade barriers to establish an economy of scale is called 11. A contraction of the economy lasting longer than two businesses quarters is called 12. The capacity of one economy to produce a good or service at a lower opportunity cost than a competing economy is called 13. The situation that occurs when the government spends more government funds than it collects in taxes is called