Economy A and Economy B have the same resources,but workers in Economy A have specialized whereas individuals in Economy B have not.Given this information,you can determine that
A) Economy A will have a lower output than Economy B.
B) Economy A will have a higher output than Economy B.
C) Individuals in Economy A will have lower incomes than individuals in Economy B.
D) Economy A and Economy B will have identical outputs.
Correct Answer:
Verified
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