Labor specialization can increase production primarily because workers
a. are now supervised more and so have to work harder
b. become proficient when they specialize in what they do best
c. have to work more hours to buy the things they want
d. engage in competitive, rather than cooperative, production
e. have to learn how to do every production-related task well
B
You might also like to view...
The balance sheet for a commercial bank shows the bank's
a. required reserves as assets and excess reserves as liabilities b. loans as assets and required reserves as liabilities c. loans as assets and demand deposits as liabilities d. demand deposits as assets and loans as liabilities e. excess reserves as assets and required reserves as liabilities
Refer to the table below. In 2004, what would be the U.S. dollar cost of one euro?
The following table shows the foreign currency per U.S. dollar near the end of January of each year listed.
A. $0.81
B. $1.14
C. $1.23
D. $1.62