Division of Labor Increases Productivity Because

question 34

Multiple Choice

Division of labor increases productivity because

• A)tasks can be assigned according to individual tastes and abilities
• B)workers who repeatedly perform the same tasks become bored
• C)each worker must learn each of the numerous tasks in the total production process
• D)specialization of labor allows for the introduction of cheaper, less sophisticated production techniques
• E)managers can force workers to produce goods that are valued more highly than the costs of producing
• Them.

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Definitions:

Opposite Direction

A concept reflecting movement, tendency, or orientation diametrically different from a reference point or direction.

Relatively Elastic

Describes a supply or demand curve in economics that shows a greater sensitivity or responsiveness to changes in price.

Price-Elasticity

A measure of how much the quantity demanded or supplied of a good changes in response to a change in its price.

Price-Inelastic

Describes a situation where the demand for a product does not change significantly with a change in the product's price.