A consequence of increasing marginal costs of producing laptop computers in the United States is
A)the United States will import laptop computers from countries that don't experience increasing marginal costs.
B)the United States will stop short of complete specialization in the production of laptop computers.
C)the United States will not export laptop computers.
D)the United States will likely impose trade restrictions on imported laptop computers.

Question

Quizplus · Accepted Answer

Increasing marginal costs mean that as more laptops are produced, the cost of producing each additional laptop rises. This makes it inefficient to completely specialize in laptop production, leading to a halt before full specialization.

A Consequence of Increasing Marginal Costs of Producing Laptop Computers