Resources commited into the production of relatively few commodities is known as

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Commerce JAMB 2015

Resources commited into the production of relatively few commodities is known as

  • Production
  • Specialization checkmark
  • Creation manufacturing
  • Manufacturing

The correct answer is: B

Explanation

Specialization is a method of production whereby an entity focuses on the production of a limited scope of goods to gain a greater degree of efficiency. 

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