What can a producer gain by specializing?

A) sales

B) new customers

C) absolute advantage

D) opportunity costs

Question

Sidney Mcclain

Social Studies

11 December, 05:01

What can a producer gain by specializing?

A) sales

B) new customers

C) absolute advantage

D) opportunity costs

+2

Answers (2)

Know the Answer?

Arianna Barber · Answer 1

Arianna Barber 11 December, 05:16

0

c i just took the test

Konnor Carpenter · Answer 2

Answer:C) Absolute advantageExplanation:

An absolute advantage is gained over low-cost production. In additional accounts, an absolute advantage applies to a person, corporation, or nation that can manufacture at a cheaper marginal cost. An absolute advantage is built when (related to contenders) : Less supplies are utilized to create a product.

What can a producer gain by specializing?A) salesB) new customersC) absolute advantageD) opportunity costs

What can a producer gain by specializing?

A) sales

B) new customers

C) absolute advantage

D) opportunity costs