Which of the Following Is Not a Reason Why Specialization

question 38

Multiple Choice

Which of the following is not a reason why specialization and trade are beneficial to society?

• A)The total output of economic goods may be increased even without any increase in resources.
• B)Scarce resources are utilized more efficiently by exploiting differences among them.
• C)Specialization fosters learning by doing, thus lowering the unit-costs of products.
• D)Firms and workers become less dependent on others for producing goods and services.

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Definitions:

Latino Stereotype

Oversimplified and generalized beliefs about the Latino community that do not reflect their diverse realities.

Machismo

In Latino culture, highly prized masculine traits.

Ethical Concerns

Issues that arise in regard to principles of right and wrong, often requiring careful consideration and moral judgment.

Methodological Concerns

Issues or challenges related to the method or process used in research or investigation.