Although specialization of labor increases efficiency of production, another step is necessary
A)to exchange goods among producers.
B)to remain fully employed.
C)to a reallocation of natural resources.
D)to assure that exchange leads to mutual gains.
E)All of the responses are correct.

Question

Quizplus · Accepted Answer

Specialization of labor increases production efficiency, but to benefit from this, goods must be exchanged among producers to meet diverse needs.

Although Specialization of Labor Increases Efficiency of Production, Another Step