Which of the following is an example of division of labor?
A) an author writing a book one chapter at a time
B) a firm trying to get rid of a labor union
C) separating resources into four categories: land, labor, capital, and entrepreneurial ability
D) allocating revenue among a firm's resource suppliers
E) dividing an assembly process into separate steps
Correct Answer:
Verified
Q87: Which of the following is not a
Q88: Exhibit 2-3 Q89: Money facilitates trade because Q90: If I trade a ginger snap for Q91: The "division of labor" refers to Q93: Specialization can sometimes create problems such as Q94: Specialization of labor Q95: Barter is Q96: Because of specialization and comparative advantage, most Q97: Fast food is faster and cheaper than
A)it eliminates the need
A)discrimination in
A)increases productivity without creating any
A)illegal in the United States
B)an efficient
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