In a small economy that produces smart phones and laptops, the marginal cost of a smart phone is $60 and the marginal cost of a laptop is $150. If the economy wanted to produce two more laptops, the production of smart phones would ____ by ____ units.
A) increase; 2.5
B) increase; 5
C) decrease; 5
D) decrease; 2.5
Correct Answer:
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