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Suppose That a Further Increase in Specialization Allows a Country

Question 75

Multiple Choice

Suppose that a further increase in specialization allows a country to increase total output by 10%, but afterward it was discovered that work absenteeism increased by 30%. This is likely an example of:


A) modern production.
B) too much specialization.
C) too little specialization.
D) inefficiencies caused by labor unions.

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