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.
Public limited liability companies are democratic in nature because ...
In a developing economy, productivity is measured by the ...
The primary motive for an individual engaging in production is to ...
One profitable form of business undertaken by the commercial banks is ...
In the table, the marginal cost when output is two, units is ...