With the use of specialization:
A) society is more productive,while individuals are less productive.
B) there are greater gains in material well-being.
C) there is more emphasis on self-reliance.
D) opportunity costs tend to be constant.

Question

Quizplus · Accepted Answer

With the use of specialization, individuals and businesses can focus on producing products and services they are most efficient at producing. This leads to increased productivity and efficiency, which in turn leads to greater gains in material well-being for society as a whole. Specialization allows for economies of scale and greater output, which can lead to lower prices and greater access to goods and services.

With the Use of Specialization