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    Principles of Microeconomics
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    Exam 2: Production Possibilities and Opportunity Costs
  5. Question
    Specialization of Labor Refers to the
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Specialization of Labor Refers to the

Question 32

Question 32

Multiple Choice

Specialization of labor refers to the


A) use of more skilled versus unskilled labor
B) division of labor
C) opportunity costs of using labor
D) law of increasing costs associated with labor
E) comparative advantage of labor-using economies

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