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In one well developed paragraph explain why specialization is important in the operation of a market.

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User Kusi
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Specialization is important in the operation of a market because people use many products they needed high-quality products. So specialization in such products will increase productivity.

Step-by-step explanation:

  • Specialization involves focusing on a few products. These products will be specialized in quality, making, and usage.
  • This will attract people and they will come forward to buy such things. People always prefer the highest quality product.
  • A person who makes many products will get more business but a person who is specialized in a few products will get more sales. So specialization is important in the market.

User Svz
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