mandyjeanbean3468 mandyjeanbean3468
  • 10-09-2020
  • Business
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How can specialization benefit both producers and consumers in a free market economy?

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fabiolagonzalez729
fabiolagonzalez729 fabiolagonzalez729
  • 10-09-2020
Specialization benefits buyers and sellers. Focusing on a limited number of related products or services allows them to use capital and labor more efficiently.So , buyers get better products at lower price and sellers sell more products and they manufacture more products at lower costs.
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