Specialization in production is beneficial because
A) it allows everyone to have a job that they like.
B) it permits people to expand production and achieve rates of output that would otherwise be unattainable.
C) it allows everyone to be self-sufficient.
D) it eliminates the need for the division of labor.

Question

Quizplus · Accepted Answer

Specialization in production allows individuals or entities to focus on a narrow area of expertise, increasing efficiency and output, which can lead to higher production levels than if each person or entity tried to produce everything independently.

Specialization in Production Is Beneficial Because