Which of the Following Is an Advantage of Job Specialization

question 6

Multiple Choice

Which of the following is an advantage of job specialization?

• A) Workers can develop expertise in their jobs.
• B) Workers will not need to be trained.
• C) Jobs become more interesting.
• D) Workers derive more satisfaction from their jobs.
• E) Jobs do not need to be redefined.

---

Definitions:

Elastic Demand

A situation where the quantity demanded of a good or service changes significantly in response to price changes.

Inelastic Supply

A supply condition where quantity supplied does not change significantly when there is a change in price.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable, leading to a reduction in total surplus.

Excess Burden

A measure of the economic loss that can occur when market behavior is distorted, often due to inefficient taxation or government policies.