What Is One Advantage of a High Degree of Division

question 18

Multiple Choice

What is one advantage of a high degree of division of labor, such as in factories?

• A) Products will be of higher quality.
• B) Goods will become scarcer and more expensive.
• C) The skilled workers are paid more.
• D) Labor is cheaper, so goods are more affordable.

---

Definitions:

Literacy

The ability to read and write at a level sufficient for communication and understanding of text.

Seasonality

Periodic fluctuations in economic or financial activity that recur with similar intensity during the same season of each year.

U.S. GDP

The total market value of all final goods and services produced within the United States in a given period, serving as a broad measure of overall economic activity.

Circular Flow Diagram

A visual model of the economy that shows how money flows through markets among households and firms, illustrating economic interactions.