After 2 Years of Operation,the Workers in XYZ Co

question 21

Multiple Choice

After 2 years of operation,the workers in XYZ Co.become more adept because of their repeating work.As a result,the average cost of production is lowered due to

• A)economies of scale.
• B)increasing returns to scale.
• C)increasing marginal returns.
• D)learning by doing.

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Definitions:

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work to enhance job satisfaction and performance.

Knowledge Characteristics

Knowledge Characteristics refer to the attributes or aspects that distinguish information or insights, such as relevance, accuracy, and applicability.

Task Variety

The degree to which a job involves different activities requiring various skills and talents, contributing to job satisfaction.

Social Characteristics

Traits that describe individuals or groups based on their social behaviors, interactions, and roles within a community or society.