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bija089 [108]
2 years ago
10

Specialization of labor results in the production of large quantities of a product.a. trueb. false

Business
1 answer:
il63 [147K]2 years ago
6 0

Answer: True

Explanation: Specialisation of labour in production is the process of classifying People who have different skills, talents, and interests into groups so they will be better at what they do.

Specialisation in certain tasks often aid workers to produce more quickly and with higher quality especially in assembly line laborers.

Specialization also allows businesses to take advantage of economies of scale, which means that for many goods, as the level of production increases, the average cost of producing each individual unit declines.

The division and specialization of labor has been a force against the problem of scarcity as more product will be produced as against when there is not specialisation in division of labour.

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JOURNAL ENTRIES<br>cash withdrawn by the owner for private use Rs. 25000 <br>PLEASE HELP . ​
alexandr1967 [171]

Answer:

he withdrw 25,000

Explanation:

5 0
2 years ago
Read 2 more answers
Which of the following would most likely shift a production possibilities curve to the right?
MAXImum [283]

Answer:

 an improvement in the education level of the work force of a nation

Explanation:

The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.

Factors that leads to an outward shift of the production possibility curve;

1. Increase in labour force

2. Increase in education level of the Labour force

3. Technological advancement

Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.

I hope my answer helps you

5 0
3 years ago
Which of the following organisations is most likely to sell shares for sale to invited investors?
Vsevolod [243]

Answer:

C. Private limited company

Explanation:

Ownership in a private limited company is restricted, unlike in a public limited company. The shareholders of a private limited company are usually family members, close friends, or people with a shared interest.

A private limited company can raise capital by selling additional shares. Because becoming a shareholder in a private limited company is restricted, private companies raise capital by selling shares to existing shareholders or to invited investors.

5 0
3 years ago
Younie Corporation has two divisions: the South Division and the West Division. The corporation's net operating income is $95,40
zalisa [80]

Answer:

$122,500

Explanation:

Calculation for the amount of the common fixed expense not traceable to the individual divisions

First step is to calculate Total segment margin

Total segment margin = $43,600 + $174,300

Total segment margin= $217,900

Now let calculate the Common fixed expense

Common fixed expense = $217,900-$95,400

Common fixed expense $122,500

Therefore the amount of the common fixed expense not traceable to the individual divisions is $122,500

8 0
2 years ago
Economic agents who generate externality are distinct from those who experience them.
Vsevolod [243]

Answer:

The statement is: True.

Explanation:

Externalities are described as the effect of the actions of one party that influence directly in other individuals even if those other individuals have nothing to do in the operations of the first party. Externalities can be positive when they benefit the uninvolved individuals or negative when the externality affects them.

There are several types of externalities such as <em>technological, pecuniary, symmetric, asymmetric, transferable, depletable, non-depletable </em>and <em>transnational.  </em>

Asymmetric externalities are those where the party causing the externality is not affected by its actions. It opposes symetric externalities which are those where the economic agent is directly affected by its own actions.

6 0
3 years ago
Read 2 more answers
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