Question

Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency

Answer 1

The reasons why producers choose to specialize are:

1. to gain a comparative advantage
2. to increase efficiency.

What is specialization?

Specialization is when a producer concentrates on the production of some particular goods and services.

Advantages of specialisation

• It increases economies of scale
• It increases the efficiency of the producer

To learn more about comparative advantage, please check: brainly.com/question/25139916

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