Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
The production of laptops will increase due to better technology.
B
The production of laptops will decrease as resources are reallocated to smartphones.
C
There will be no effect on laptop production as they are unrelated.
D
The production of laptops will remain the same because of fixed resources.
Understanding the Answer
Let's break down why this is correct
Answer
When a country decides to produce more smartphones, it often has to use some of its resources that could have gone into making laptops. This is because resources like labor, materials, and factory space are limited. So, if more resources are directed toward smartphone production, there will be fewer available for laptops. For example, if a factory can make either 100 smartphones or 50 laptops in a day, choosing to make 100 smartphones means it will not be able to produce any laptops that day. This situation highlights the concept of opportunity cost, which is the value of what you give up—in this case, the laptops that are not produced.
Detailed Explanation
When a country makes more smartphones, it uses resources like workers and materials that could have made laptops. Other options are incorrect because This answer suggests that making smartphones will help laptop production; This option thinks smartphones and laptops don't affect each other.
Key Concepts
Opportunity Cost
Resource Allocation
Trade-offs
Topic
Opportunity Cost Analysis
Difficulty
easy level question
Cognitive Level
understand
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