The Benefits of Specialization Can Be Used to Explain Why

question 18

Multiple Choice

The benefits of specialization can be used to explain why:

• A) workers prefer to work on a variety of tasks during the day.
• B) machines are more productive than human workers.
• C) trade can make both parties to the trade better off.
• D) big companies take advantage of smaller ones.

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Definitions:

Monetary Damages

Financial compensation awarded in civil lawsuits for loss or injury as a result of the defendant's actions.

Administrative Agencies

Government bodies responsible for implementing, administering, and enforcing regulations and statutes.

Delegation

In constitutional law and administrative law, a process whereby a legislature effectively hands over some of its legislative power to an administrative agency that it has created, thus giving the agency power to make law within the limits set by the legislature. In contract law, a transaction whereby a person who owes a legal duty to perform under a contract appoints someone else to carry out his performance.

Jurisprudence

The philosophy of law. Also sometimes used to refer to the collected positive law of some jurisdiction.