Which of the Following Statements Is NOT True About Specialization

question 2

Multiple Choice

Which of the following statements is NOT true about specialization?

• A) Total economic output is larger due to specialization.
• B) After specialization, worker skills are better matched with tasks.
• C) Specialization focuses experience and increases comparative advantage.
• D) The variety of tasks associated with a particular job grows over time due to specialization.

---

Definitions:

Cash Operating Costs

Expenses related directly to the operations of a business, excluding financing costs.

Tax Rate

The percentage at which an individual or corporation is taxed, which can vary based on income levels, jurisdictions, and other factors.

WACC

The Weighted Average Cost of Capital is a metric that determines a firm's cost of capital by assigning proportional weights to each type of capital it uses.

Net Investment

The total amount invested in a project or asset after accounting for depreciation or amortization.