If an economy produces only smartphones and toys, then producing more and more smartphones will most likely require

Question

Quizplus · Accepted Answer

As the economy produces more and more smartphones, it becomes more specialized in producing smartphones and less specialized in producing toys. This means that producing one additional smartphone will require giving up an increasing amount of the production of toys, as the resources that were previously used to produce toys are now being redirected towards the production of smartphones. Therefore, option B is the most appropriate answer.

If an Economy Produces Only Smartphones and Toys, Then Producing