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Social Studies, 01.11.2019 04:31 pineapplepizaaaaa

"to take an one man draws out the wire, another straightens it, a third cuts it, a fourth points it; [the making of] a pin is, in this manner, divided into about eighteen distinct operations." adam smith, the wealth of nations, 1776. in this passage, adam smith is describing the basic economic concept of a. paradox of value. b. utility. c. division of labor. d. opportunity cost.

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