The Main Reason Why Specialization Can Raise Productivity Is That

question 62

Multiple Choice

The main reason why specialization can raise productivity is that:

• A) knowledge in human brains is limited.
• B) some persons have more knowledge than others.
• C) it is always good to know less than more.
• D) it is impossible to learn anything well.

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Definitions:

Settlement

The resolution or agreement reached in a dispute, negotiation, or transaction.

Concessions

The act of yielding or granting something in a negotiation, often in exchange for something else from the other party.

Fait Accompli

An accomplished fact, a deed already done, leaving no opportunity for others to alter the situation.

Distributive Bargaining

A negotiation strategy where parties compete to divide a fixed asset or amount, where one's gain is the other's loss.