Which of the following provides the best evidence of the specialization of labor?
A) A firm that produces a line of related products,such as eight kinds of breakfast cereal
B) An architect who is willing to practice in only one geographic area
C) A physician who practices in a specialty area such as cardiology or orthopedic surgery
D) A family that eats at Wendy's every Thursday night
E) A retailer who sells goods but provides no services
Correct Answer:
Verified
Q39: If Helen can paint one room in
Q41: Money facilitates trade because:
A)it eliminates the need
Q43: In one week,Mohammed can knit 5 sweaters
Q45: In one week,Mohammed can knit 5 sweaters
Q46: A medium of exchange must be:
A)approved by
Q47: In one week,Mohammed can knit 5 sweaters
Q48: The division of labor refers to:
A)discrimination in
Q49: If Sam can chop up more carrots
Q49: The specialization of labor:
A)increases productivity without creating
Q95: Barter is
A)illegal in the United States
B)an efficient
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents