ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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increased consumer income
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increased marginal utility
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increased efficiency and productivity
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regional self-sufficiency
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Detailed explanation-1: -The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good. Or put another way, the same time and the same money allows for the production of more goods.
Detailed explanation-2: -Task proficiency Perhaps the most obvious advantage to job specialization is how it allows you to become highly proficient at a specific job function. By focusing your career on specific areas of expertise, you can refine your skills and become a better employee.
Detailed explanation-3: -In what way does specialization increase productivity? SPECIALIZATION REDUCES THE COST OF PRODUCTION. (For example, a specialized worker has a higher output without increasing the amount of labor required, therefore reducing labor costs.)