Which best explains why producers choose to specialize? check all that apply. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency

Producers specialize thus they can gain a comparative advantage in the production and increase the efficiency of the product.

Option: b and d

Explanation:

Producers choose to specialize in a particular thing because making themselves perfect in manufacturing that one thing will make them to gain a comparative advantage to the other producers. Suppose one has specialization in making cotton and woolen materials with good designs then they are superior in the field of the textile industry. And sometimes they export things which leads to a great profit for them. Hence specialization gains comparative advantage. The producers specialize as they can reduce their effort by directly producing the product simple way and this increases the efficiency of the firm.

The correct answers are B) to gain a comparative advantage and D) to increase efficiency.

The statements that best explain why producers choose to specialize are "to gain a comparative advantage and to increase efficiency."

If companies and producers specialize in specific products, they can better elaborate their goods, reduce costs and aim a specific target. This action has benefits for clients because they are going to find specific products in the market that benefit their needs at better prices. So when manufacturing the goods, these companies are going to increase their efficiency and will be able to gain a comparative advantage because they will be the only ones that produce the specific product, not their competitors.

the correct answer is a) egypt and china.

egypt and china are two of the world’s oldest civilizations known by man. both ancient empires have left a great historic and cultural legacy to the world through archeology. both civilzations developed complex social relations, had deep religious beliefs, had dominion of agriculture and left writing records to understand their customs and culture.

among the requirements to consider a civilization, we find urbanization, writing records, a place of residence, agriculture methods, technological specialization, means of transportation, currency, population density, social stratification, and political integration.

is this like a kind of true or false question?