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Question
With respect to division of labour, state the following:
Two advantages to the producers.
Solution 1
- Increased labour efficiency: Division of labour allows the worker to repeat the same task over and over. This grants him speciality, proficiency, and perfection in that task. This qualifies him as an expert in the field and increases his productivity in terms of quantity, quality, and time.
- Saving time: Because the worker is only required to perform one sort of job, he is not required to switch between jobs frequently. He also does not have to update the tools or equipment on a regular basis, which saves time and boosts productivity.
- Economics of large-scale production: Division of labour makes large-scale production more efficient, both internally and externally. This leads to increased profitability for producers as well as more reasonable prices.
Solution 2
Two Advantages to Producers:
- It encourages production on a large scale.
- It reduces the cost of production.
- It improves the quality of production.
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