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Author Question: A consequence of increasing marginal costs of producing laptop computers in the United States is ... (Read 91 times)

hbsimmons88

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on: Jun 29, 2018
A consequence of increasing marginal costs of producing laptop computers in the United States is
 
  A) the United States will not export laptop computers.
  B) the United States will stop short of complete specialization in the production of laptop computers.
  C) the United States will likely impose trade restrictions on imported laptop computers.
  D) the United States will import laptop computers from countries that don't experience increasing marginal costs.

Question 2

Price floors are illegal in the United States.
 
  Indicate whether the statement is true or false


chereeb

  • Sr. Member
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  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


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