Specialization in production is economically beneficial primarily because it

A) allows everyone to have a job that he or she likes.
B) permits the production of a larger output with fixed amounts of resources.
C) facilitates trade by bartering.
D) guarantees full employment.

Specialization

The process of focusing resources on the production of specific goods or services to achieve greater efficiencies and economies of scale.

Economically Beneficial

Activities or decisions that result in a net gain in economic value, improving the economic welfare of individuals or society as a whole.

Larger Output

Refers to the increased production of goods or services by a company or economy.