Specialization of labour means that
A) job security is ensured.
B) each worker is self- sufficient.
C) different individuals perform different tasks in the production process of any given product.
D) different individuals produce different products.
E) a barter economy is not necessary.
Correct Answer:
Verified
Q57: On a diagram of a production possibilities
Q58: Scarcity is likely to be
A)a problem that
Q59: The use of money for transactions
A)makes specialization
Q60: Scarcity arises from limited resources. For this
Q61: Specialization of labour led to greater efficiency
Q63: The Canadian economy is best described as
A)primarily
Q64: Comparison of economic systems indicates that
A)capitalist economies
Q65: It has been observed that university enrollment
Q66: A move from inside the production possibilities
Q67: Katie and Hugh are producing pies and
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