Which best describes how consumers may benefit from specialization? Consumers can only purchase high-quality goods. Consumers have more price options. Consumers receive more sale offers. Consumers find products at lower prices.

Question

Business

Raelynn Day

2 January, 22:16

Which best describes how consumers may benefit from specialization? Consumers can only purchase high-quality goods. Consumers have more price options. Consumers receive more sale offers. Consumers find products at lower prices.

+4

Answers (1)

Know the Answer?

Hayley Bennett · Answer 1

In economics, when we say specialization, this refers the method of production wherein they only focus on those products that are in demand to be produced in the market. In this case, how consumers may benefit from this is by finding products at lower prices. The answer is the last option.