Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Money encourages specialization by decreasing the .

Sagot :

mahima6824soni

Money encourages specialization by decreasing the exchange cost.

The correct option is B.

What is the exchange cost?

Exchange cost is the price by which the product is exchanged between the customer and seller.

Money eliminates the double coincidence of desires, allowing for greater specialization and productivity.

As a result, money enables us to make better use of our limited resources by allowing us to generate more in the same number of resources.

This aids in the reduction of scarcity.

Thus, B is the correct option.

Learn more about exchange cost

https://brainly.com/question/16854858

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.