Question 15 (1 point) Listen When does the law of increasing opportunity costs apply? when management is disorganized and production is inefficient OOO when resources are free when resources are NOT equally adaptive among potential productive uses O when market forces do NOT lead to equality between price and opportunity cost Question 16 (1 point) ) Listen What law leads to the concavity (bowed-out shape) of the production possibilities curve? the law of demand the law of increasing opportunity cost OO the law of supply O the law of complimentary goodsQuestion 17 (1 point) Listen Why is a production possibilities curve negatively sloped? O Along the curve, production of one good must be sacrificed to increase production of another good. C Unemployment increases as an economy moves down along the curve. O As the price falls, more goods are purchased. O Unemployment decreases as an economy moves down along the curve. Question 18 (1 point) Listen How are additions made to human capital? through increases in the general population of an area O through improved education and on-the-job training through monthly deposits into a savings account O through the purchase of tools and equipment by workersQuestion 19 (1 point) Listen Which of the following is an example of human capital? O 100 hectares of farmland in Manitoba O a combine harvester O an irrigation system O the expertise of a farmer