Differences in innate skills and the benefits associated with the division of labor result in:

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Differences in innate skills and the benefits associated with the division of labor result in:

Differences in innate skills and the benefits associated with the division of labor result in:

▸ diminishing returns.

▸ differences in productivity.

▸ absolute advantage.

▸ self-sufficiency.

Textbook

Microeconomics: Principles, Applications, and Tools

Edition: 8^th

Authors: O'Sullivan, Sheffrin, Perez

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Thanks

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You make an excellent tutor!

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