Total Output in an Economy Increases When Each Person Specializes

question 61

Multiple Choice

Total output in an economy increases when each person specializes because

• A)there is less competition for the same resources.
• B)each person spends more time producing that product in which he or she has a comparative advantage.
• C)a wider variety of products will be produced within each country due to specialization.
• D)government necessarily plays a larger role in the economy due to specialization.

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Definitions:

Coffee

A beverage made from roasted coffee beans, which contain caffeine, known for its stimulating effects on the nervous system.

Nativist Perspectives

Nativist Perspectives are theories in psychology and linguistics that suggest certain skills or abilities are innate and hardwired into the brain at birth.

Evolutionary Perspectives

Approaches and explanations in various disciplines that consider the evolutionary origins of behaviors, traits, and structures.

Neural Makeup

The complex structural and functional composition of the nervous system, including all nerve cells and their connections.