This topic contains a solution. Click here to go to the answer

Author Question: In economics, specialization means a. producing something using only one type of resource, such as ... (Read 13 times)

jace

  • Hero Member
  • *****
  • Posts: 541
In economics, specialization means
 a. producing something using only one type of resource, such as labor
  b. producing something using only one type of labor
  c. focusing efforts on a particular product or a single task
  d. producing only one unit of output
  e. producing something using only one unit of a variable resource

Question 2

Specialization of labor
 a. increases productivity without creating any problems
  b. reduces productivity, and is usually eliminated by business firms
  c. can create problems of boredom and repetitive motion injuries
  d. prevents the introduction of more sophisticated and efficient production techniques
  e. ignores individual preferences and natural abilities



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Answer to Question 1

C

Answer to Question 2

C




jace

  • Member
  • Posts: 541
Reply 2 on: Jul 1, 2018
:D TYSM


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library