The specialization of labour enhances production because ...
The specialization of labour enhances production because people
Can concentrate on all goods
Can efficiently produce their own needs
Can save time and produce more
Become experts in all areas of production
Correct answer is D
Division of labour is the separation of tasks in any system so that people can specialize in their various fields of expertise
Division of labour leads to specialization where people can concentrate on task they perform better than others.
Efficiency in production involves ...
The most threatening problem for the less developed countries is? ...
A supply curve is positively sloped because ...
In a capitalist system goods are produced for those who ...
When elasticity is zero, demand curve is ...
Under normal circumstances, the concept of consumers sovereignty implies that ...
Economics is often described as a social science because ...