History, 05.01.2020 20:31, cshopholic4921

When discussing comparative and absolute advantage, which best describes specialization?

a. developing expertise in certain types of production

b. limiting the types of goods and services produced

c. targeting specific consumers and retailers

d. producing certain items for specific market segments

b limiting the types of goods and services produced

Answers: 1

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When discussing comparative and absolute advantage, which best describes specialization?