Which of the following is NOT a result of specialization?

A. Wealth
B. Innovation of existing products
C. Development of new products
D. One-sided benefits

Answer: D

Economics

You might also like to view...

One concern of feminist empiricists is the way population control can restrict the reproductive rights and health of women. The world's most glaring example of this is the

a. opposition to same-sex marriage. b. widespread lack of contraceptives. c. "one child" policy. d. illegalization of late-term abortion.

Economics

If there are 1,000 rutabaga farms, all perfectly competitive, an increase in the price of fertilizer used for growing rutabagas will

A) have no effect on the total quantity of rutabagas supplied, because no farm has enough market power to raise the price. B) have no effect on the total quantity of rutabagas supplied, because each farm's supply curve is a vertical line. C) decrease the total quantity of rutabagas supplied, because each farm's supply curve shifts leftward. D) reduce the total quantity of rutabagas supplied, because each farm's supply curve is a horizontal line and will shift upward.

Economics