Because of specialization and trade, we can assume that: almost nobody in society knows the full details of how a simple product, such as a pencil, is produced. only government employees know the full details of how a simple product, such as a pencil, is made. every person in society knows the full details of how a simple product, such as a pencil, is produced. any interested person in society could easily know the full details of how a simple product, such as a pencil, is produced.