Author Question: Advantages of specialization do not include: a. reduced interdependence. b. the exploitation of ... (Read 69 times)

littleanan

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Advantages of specialization do not include:
 a. reduced interdependence.
 b. the exploitation of comparative advantage.
 c. the ability to utilize more complex production processes.
  d. Productivity gains from learning by doing.

Question 2

Malthus's gloomy economic outlook for humankind is based on the following principle:
 a. Population, when unchecked, increases at a faster pace than the production of output.
 b. Population grows at a slower pace than the production of output.
 c. Resources grow faster than humankind can reproduce itself. Therefore, humankind can never take full advantage of available resources.
  d. Resources and population grow at constant percentage rates, but political divisions prevent an equitable division of world output.



kxciann

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Answer to Question 1

a

Answer to Question 2

a



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