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 cardiology and orthopedic surgery
D) a family that eats at Wendy's every Thursday night
E) a retailer who sells goods but does not provide services
Correct Answer:
Verified
Q76: Exhibit 2.1 Q77: Exhibit 2.1 Q78: Hans can do 4 loads of laundry Q80: In one week, Sami can knit 5 Q82: In one week, Sami can knit 5 Q83: The direct exchange of one product for Q84: A medium of exchange must be _ Q85: The division of labor facilitates productivity increases Q86: When drawing a production possibilities frontier for Q95: Barter is
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A)
A)illegal in the United States
B)an efficient
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