The advantages of the division of labor were stressed by: Adam Smith. Karl Marx. Joseph Schumpeter. Alfred Chandler. Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key. Ronald Coase argued that organizations or bureaucracy within profit-maximizing firms exist because: people are social animals. large organizations allow people to specialize. market transactions are often costly to make. hierarchy overcomes problems of moral hazard. Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key.