Home » Economics » A necessary condition for specialization in an economy is the existence ofA necessary condition for specialization in an economy is the existence of A necessary condition for specialization in an economy is the existence of A. a regulated market B. a competitive market C. a medium of exchange D. adequate capital Correct Answer: Option D Explanation Related Posts The money which government spends yearly for the maintenance of its school is? Government intervention in an economy is often justified on the group that? The market structure in which there is interdependence of price-output policies is The minimum number of shareholders for a joint stock company is If a producer sells 1kg of rice for N20 and his marginal products is 100kg,… A table which shows the price of a commodity and the quantity of it that…