Division of labor advantages for workers

The advantages from the division of labor are improved as workers: (1) Are protected by the barriers which limit the international trade. (2) Who each recognize all facets of production gain an enhanced understanding of the whole project. (3) Constantly doing boring tasks become more faithful to their employers. (4) Have raised job security if working conditions are formalized. (5) Gain proficiency in particular skills which yield the higher productivity.

How can I solve my Economics problem? Please suggest me the correct answer.

View Complete Question

Related Questions in Microeconomics

Q : Demand and supply influences

Changes in both demand and supply of a commodity might or might not influence its equilibrium price. Describe.

Q : Define tax Tax : It is a compulsory

Tax: It is a compulsory payment prepared by household and firm to government.

Q : Minimum Required Quantity Demand An

An economic rent is earned when the owner of any resource as: (w) receives income greater than the minimum required to ensure that the quantity demanded is obtainable. (x) exerts control over the payment for the resource. (y) sells input services in a

Q : Increase profit of cartel-member A

A member of a cartel would be probably to increase its profits by: (1) undercutting the prices of other cartel members when this did not get caught. (2) setting its price above which of other cartel members. (3) aggressive nonprice marketing promotion

Q : Micro-macroeconomics in allocative

Economic questions involving both microeconomics and macroeconomics would take in the effects on allocative efficiency and economic development of: (i) War within the Middle East and skyrocketing international prices

Q : Problem on Demand Prices for deck of

Can someone please help me in finding out the accurate answer from the following question. Lauren, a solitaire addict, is eager to spend up to $2 for a new deck of cards. For Lauren, $2 is: (i) Market price for the deck of cards (ii) Demand price for deck of cards. (i

Q : Earn normal accounting profit in the

When a purely competitive industry is into long run equilibrium, in that case a typical firm can: (w) earn normal accounting profit although only zero economic profit. (x) incur economic losses when these are offset by accounting prof

Q : Sole Proprietorships and Partnerships

Can someone please help me in finding out the precise answer from the following question. Relative to corporations, drawbacks to the owners of sole partnerships and proprietorships comprise: (i) Unlimited liability. (2) Extreme government regulation. (3) Limited

Q : Illustration of perfectly price elastic

A demand curve which is perfectly price elastic is demonstrated into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. 914</span></p>
</div>

</li>

</td>
</tr><tr>
<td>

<li>
<div class=

Q : Demonstrates the Lorenz Curve This

This given figure demonstrates as: (w) Lorenz curve. (x) familial income distribution graph. (y) Gini curve. (z) Blanc income standard curve. </span></p>
</div>

</li>

</td>
</tr>
</table>

</ul>

</div>
</div>
<div class=

Discover Q & A

Leading Solution Library

Avail More Than 1453537 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1958006
Asked

3,689

Active Tutors

1453537

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment