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Specialization is important in an economy because it leads to which important economic concept? allocation of resources price ceilings government regulation voluntary exchange

Specialization is important in an economy because it leads to which important economic concept? allocation of resources price ceilings government regulation voluntary exchange
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5 votes
Specialization is important in an economy because it leads to which important economic concept?

allocation of resources


price ceilings


government regulation


voluntary exchange

User Christian Engel
by
7.7k points

1 Answer

4 votes

It leads to voluntary exchange.

User Stephenb
by
8.2k points
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