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bunbun11 bunbun11
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5 years ago
Suppose that at a bicycle shop, instead of having each worker assemble an entire bicycle themselves, one person welds the frames, another person works on the braking system, another person works on the tires, and another person works on the gears. This best demonstrates the concept of
A) division of labor.
B) microeconomics.
C) comparative advantage.
D) absolute advantage.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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veronee_madisonveronee_madison
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5 years ago
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bunbun11 Author
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#2
5 years ago
This helps so much, thank you for responding so quickly...
wrote...
#3
5 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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