In labour market the relevant measure is the prize floor!
Prize floor means that the workers do not need to afraid that their product will be sold for less than they invested in it - it therefore gives the workers a security of return and a security of their livelihood. It can for example be applied to farmers and their products.
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3rd one,4th one and maybe the 1st one.
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Hope this helps.
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The correct answer is It allows workers to specialize in a variety of skills
Explanation:
Job specialization (also known as division of labor) first proposed by the scottish economist Adam Smith, exposed in his main work "The Wealth of Nations" in 1776, refers to the process of breaking large jobs into smaller jobs assigned to individual workers. The purpose of job specialization is to focus each worker's concentration on a specific area of expertise within the production process. The argument states that, through the specialization and refinement of skills, productivity will increase.
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The federal government runs all the states combined, under common federal law, while the state, or provincial government, operates under local state-wide laws. ... The federal government is where the federal laws that are made by the US Congress, are applied, while the state government is where state-wide laws made.
