increasing opportunity cost
Definition
Larger sacrifice of an alternative good caused by an increasingly greater production of another good in a firm or economy, where resources are already being fully and efficiently used. See also opportunity cost.
email to a friend
print this definition
cite this definition
link to this page
increasing opportunity cost is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/increasing-opportunity-cost.html