Question

which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency

Explanation:

Producers specialize to focus on what they can do better and more efficiently. Specialization allows them to use resources more effectively, leading to increased efficiency. Also, by focusing on a particular good or service, they can gain a comparative - advantage in the market. Increasing competition is not the main reason for specialization as it may not be directly related to their internal decision - making on specialization. Decreasing the amount of goods produced is counter - intuitive as producers usually aim to maximize output. Maintaining market share is more about marketing and competitive strategies rather than the core reason for specialization.

Answer:

to gain a comparative advantage, to increase efficiency