An existing comparative advantage can be further magnified by specialization because:
A) it eliminates the need to switch from one task to another.
B) repetition results in boredom.
C) a variety of tasks will rise.
D) small tasks will be merged into larger tasks.

Question

Quizplus · Accepted Answer

Specialization allows individuals, firms, or countries to focus on their most efficient and productive activities. By concentrating on a specific task, individuals become more skilled and proficient, leading to increased productivity and efficiency. As specialization eliminates the need to switch from one task to another, it saves time, enhances the quality of work and reduces mistakes, ultimately leading to lower costs, which magnifies existing comparative advantage.

An Existing Comparative Advantage Can Be Further Magnified by Specialization