Multiple Choice
A production system where various workers concentrate on different specialized tasks to contribute towards a whole product is referred to as:
A) A coincidence of wants
B) Roundabout production
C) Freedom of enterprise
D) Division of labor
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q112: The major virtues of the market system
Q113: The term dollar votes in a market
Q115: The distribution of income in a market
Q116: Which of the following is assumed to
Q118: In a capitalist system, the decisions and
Q119: Competition is more likely to exist when:<br>A)
Q120: The market system is an economic system
Q121: Which is an example of barter?<br>A) A
Q122: In a market system, as one industry
Q127: In a command economy, the head of