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Business, 08.07.2019 09:00 tefanyc13

Division of labor improves efficiency on the job because it uses the concept of voluntary exchange job security specialization diversification a production possibilities frontier demonstrates the ability to produce something more efficiently the combinations of two goods that can be produced if the economy uses all of its resources fully and efficiently that if more of a product is initially being produced the opportunity cost to produce more always goes down economic problems faced by individual units within the overall economy

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Division of labor improves efficiency on the job because it uses the concept of voluntary exchange...
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