The most important source of gain from the division of labor is
A) the repeal of the law of comparative advantage.
B) the reduction in work effort because incentives are adversely affected.
C) the increase in the number of jobs since more labor is used to produce goods.
D) the benefits that result from specialization, adoption of mass production techniques, and exchange.
Correct Answer:
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Q108: Economic analysis suggests that gains from specialization
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Q112: Why is trade an important source of
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Q114: Trade creates value by
A) moving goods from
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