Question

Specialization—the division of labor—enhances productivity and efficiency by ... A) allowing workers to take advantage of existing differences in their abilities and skills. B) avoiding the time loss involved in shifting from one production task to another. C) allowing workers to develop skills by working on one, or a limited number, of tasks. D)all of the means identified in the other answers.

Answer 1

The correct answer is D) all of the means identified in the other answers. Specialization occurs when workers are assigned specific tasks within a production process. To be an efficient worker is not necessary to do hard training. This will lead to an increase in labor productivity and firms will be able to benefit from economies of scale and increased efficiency.