In general,specialization allows
A) constant opportunity costs.
B) greater self-reliance.
C) the production of fewer capital goods.
D) greater productivity.
Correct Answer:
Verified
Q60: Productive efficiency is correctly defined as
A)producing outside
Q61: Capital goods
A)are a special type of consumption
Q62: When a society forgoes current consumption to
Q63: Economic growth can be pictured in a
Q64: A country that must reduce current consumption
Q66: If you are able to earn $20,000
Q67: Comparative advantage is always a(n)_ concept.
A)relative
B)engineering
C)monetary
D)absolute
Q68: Increasing relative costs are the result of
A)high
Q69: The organization of productive activities among persons
Q70: A person has a comparative advantage in
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