Which of the Following Statements Is True About the Advantages

question 175

Multiple Choice

Which of the following statements is true about the advantages gained through the division of labour?

• A)It causes the marginal product of labour to increase,but it has no effect on the average product of labour.
• B)It was first thought of by David Ricardo in his example of a hat factory.
• C)It is an idea that has little application in the real world.
• D)Its application results in both the marginal and average product of labour increasing.

---

Definitions:

Coronal

refers to a direction in anatomy denoting a plane that divides the body into frontal (anterior) and back (posterior) parts.

Horizontal

Relating to or situated at a right angle to the vertical; parallel to the ground or to the horizon.

Generic Name

The common or non-brand name of a drug, as opposed to its trademarked brand name.

Brand Name

The trade name used by a company to identify its products or services as distinct from others.