Adam Smith's Example of the Pin Factory Demonstrates That Economies

question 40

True/False

Adam Smith's example of the pin factory demonstrates that economies of scale result from specialization.

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Definitions:

Polarity

The property of having distinct and opposite charges or magnetic poles, leading to a molecule having regions with slightly positive and slightly negative charges.

Benzene

A colorless, volatile liquid hydrocarbon with a distinctive sweet smell, C6H6, used as a solvent and in the manufacture of various chemicals.

Hexane

A hydrocarbon with the chemical formula C6H14, used as a solvent in industrial applications, including the extraction of oils and fats.

Alkane Solvents

Organic solvents composed of alkanes, which are hydrocarbons containing only single bonds, making them non-polar and effective for dissolving similarly non-polar substances.