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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
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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
6.7k points

1 Answer

4 votes

It leads to voluntary exchange.

User Stephenb
by
6.9k points
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