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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