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 answer
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.