Multiple Choice
All of the following,except one,help explain why specialization leads to greater production than is otherwise possible.Which is the exception?
A) It allows the organization of production in business firms.
B) Specialization reduces the time lost in moving from one activity to another.
C) As workers repeat an activity over and over,they hone their skills and become more expert.
D) Specialization allows workers to be assigned to the activities for which they have the greater natural ability.
E) The more often workers repeat an activity,the more stimulating and enjoyable they find it.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Assume that U.S.agricultural land is used either
Q11: Figure 2-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-4
Q12: Figure 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-10
Q13: If the U.S.government decides to distribute surplus
Q14: <span class="ql-formula" data-value="\begin{array} { | c c
Q16: Under a market system of resource allocation,the
Q17: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt=" -Figure 2-5 shows
Q18: The principle of comparative advantage says that<br>A)
Q19: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-2
Q20: An economic system in which resources are