Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. during the same time period, consumer sales decreased from 446,000 to 321,000 laptops.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

Increases in output and increases in the inflation rate have been linked to

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false