ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A and B both wash cars and change oil. Currently, each man washes and changes oil by himself, but the process takes lots of time. they would MOST LIKELY improve their efficiency ifSSEF2b
A
A & B wash a car and chang eoil together
B
A washes car while B changes oil
C
A washes B car while B washes A’s car
D
A and B reduce the number of cars they wash
Explanation: 

Detailed explanation-1: -Which statement BEST describes how the input cost of the new packaging affects the output to the costumers? The costumers liked the barrel, because the chips were able to stay fresher longer and there were fewer broken chips.

Detailed explanation-2: -What conclusion might be drawn from specialization for businesses? Workers who receive higher pay for specialization will be encouraged to increase productivity for increased wages. Economic theory defines specialization as the production of one or just a few goods and services.

There is 1 question to complete.