An entrepreneur is encouraged to adopt division of labour...
An entrepreneur is encouraged to adopt division of labour in production because it
Provide more employment opportunities
Leads to increased output and lower cost of production
Brings about equal cost and employment opportunities
Leads to increased cost of production and lower output
Correct answer is B
Division of labour is immensely important in our economic system because it allows for work to be done much more quickly and efficiently than it would be without the division of labour. Division of labour is when tasks are split up into specialized separate tasks. it brings about increased output and while minimizing cost.
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