Business
Business, 21.09.2019 01:00, yuvin

Which of the following are among the reasons offered by adam smith for why specialization results in higher levels of output?
a. specialization in a particular small job allows workers to focus on the parts of the production process where they have an advantage.
b. specialization allows businesses to take advantage of economies of scale.
c. specialization allows workers to experiment with different tasks to see which responsibilities make them happiest at work.
d. workers who specialize in certain tasks forgo an opportunity to learn how to do new tasks efficiently.

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Answers: 2

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Which of the following are among the reasons offered by adam smith for why specialization results in...

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