A Consequence of Increasing Marginal Costs of Producing Laptop Computers

question 147

Multiple Choice

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.

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Definitions:

Establishing

The process of founding or creating something firmly, such as rules, principles, or relationships, in a definitive manner.

Operant Conditioning

A system of learning where behavior modification is achieved through incentivization or disciplinary measures.

Classical Conditioning

A learning process first described by Ivan Pavlov, in which an organism comes to associate two stimuli, leading to a change in behavior.

Observational Learning

Learning that occurs through observing the behavior of others and the outcomes of those behaviors, without direct personal experience.