Adam Smith Asserted That a Person Should Never Attempt to Make

question 193

Multiple Choice

Adam Smith asserted that a person should never attempt to make at home

• A)what it will cost him more to make than to buy.
• B)any good in which that person does not have an absolute advantage.
• C)any luxury good.
• D)any necessity.

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Definitions:

Peer-To-Peer

A communications model that is decentralized, where every participant possesses equal capabilities and any participant can start a communication session.

Central

Referring to the primary or most important part, or located at the center.

Corporate

Relating to a large company or group, or pertaining to corporate businesses and their activities, strategies, and structure.

Fiber-Optic Cable

A type of cable made of glass fibers that transmit data at high speeds over long distances using light signals.