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3 October, 22:06

What can a producer gain by specializing?

sales

new customers

absolute advantage

opportunity costs

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  1. 3 October, 22:33
    0
    What can a producer gain by specializing? Absolute advantage

    When someone specializes in their field, they being an expert in that subject. Absolute advantage is the ability of a person or group to carry out an economic activity better than another. If someone focuses on it and specializes in one area, they are more likely to create an absolute advantage in that area.
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