Which of the Following Is a Good Example of Efficient

question 118

Multiple Choice

Which of the following is a good example of efficient specialization and voluntary exchange?

• A)A college professor hires someone to rototill a garden for spring planting.
• B)A college professor works on the engine of a car for a neighbor who is a mechanic.
• C)A lawyer decides to babysit his young child and agrees to do so for others for cash.
• D)A physician agrees to help a neighbor work on her income tax return in exchange for her bookkeeping services.

---

Definitions:

Lines Of Command

The hierarchical structure within an organization that dictates who is in charge of whom and who makes decisions.

Critical Thinking

The ability to evaluate evidence completely and objectively in order to form logical conclusions and make sound recommendations.

Evaluate Evidence

The process of examining and assessing information or data to form a judgment or conclusion.

Sound Recommendations

Advice or suggestions that are sensible, reliable, and well-founded.