menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 8: Gains From Trade
  5. Question
    Specialization Will Increase Output When It Is Based On
Solved

Specialization Will Increase Output When It Is Based On

Question 63

Question 63

Multiple Choice

Specialization will increase output when it is based on:


A) who can produce at the least comparative cost.
B) absolute advantage.
C) who can produce the fastest.
D) comparative advantage.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q58: Why would Emerald benefit from specializing based

Q59: In markets, prices act as all of

Q60: To maximize production, people should<br>A)focus on the

Q61: (Table: Both Joyce and Simeon can cook)

Q62: As prices _, they provide useful business

Q64: What is the function of the markets?<br>A)Markets

Q65: Which of the following benefits could a

Q66: (Table: Cooking time) The table provides data

Q67: Which of the following is TRUE when

Q68: (Table: Shrimp and Banana Production Possibilities)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines