Question

Specialization occurs when a corporation concentrates on producing __________. A. low-quality items B. limited supplies of a good C. one particular good or service D. rare and authentic items

Answer 1

Answer:

C. One particular good or service

Explanation:

Specialization, along with the complementary concept of the division of labor, occurs when the innate inequalities of human productive output are intensified along different skills. An individual becomes economically specialized when he focuses his productive efforts on an increasingly narrow range of tasks.

Answer 2

Answer:

C) one particular good or service

Explanation: