Which of the following does not explain why specialization increases output?
A) Specialization capitalizes on differences in ability.
B) Specialization promotes self-sufficiency and independence.
C) Specialization fosters learning by doing.
D) Specialization saves time by eliminating shifting between tasks.
Correct Answer:
Verified
Q27: Competition is more likely to exist when:
A)there
Q27: Advantages of specialization do not include:
A) increased
Q30: Which is characteristic of the market system?
A)
Q31: A competitive economy assumes each industry consists
Q33: Which is assumed to be most limited
Q34: Which statement is correct?
A) The operation of
Q35: All of the following accurately describe a
Q36: The process in which workers do specialized
Q37: In a market economy,entrepreneurs are most concerned
Q60: Which statement is correct?
A)In a market system,
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