Question
Specialization most helps producers by growing what?
(1 point)
Responses
consumer demand
consumer demand
labor productivity
labor productivity
prices of goods
prices of goods
levels of trade
levels of trade
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(1 point)
Responses
consumer demand
consumer demand
labor productivity
labor productivity
prices of goods
prices of goods
levels of trade
levels of trade
Skip to navigation
Answers
Answered by
GPT 3.5
The correct answer is consumer demand. Specialization helps producers by allowing them to focus and excel in producing a specific product or service. As a result, they can meet the specific needs and preferences of consumers, leading to an increase in consumer demand for their specialized product.
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