johan is employed as a joiner by a firm whoose main business is building houses. the firm also employees bricklayers, plumbers, painters and other skilled tradsmen. other factories of production are used when building houses. the owner of ther firm, jack believes that specialisation of labour brings many benefit to the business and its workers. in his spaee time johan makes wooden toys which his sister sells at her stall at the local market. he buys the wood and other resources from a local supplier. the wooden toys have been so sucessful that johan has decided to leave his job as a joiner the set up his own toy making business
a) using the information in the case study, explain the meaning of opportunity cost
b) do you agree with jack that specialisation of labour brings many benefits to the business and its workers? justify your answer
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Answer:
specialisation of labour brings many benefit to the business and its workers. in his spaee time johan makes wooden toys which his sister sells at her
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1
Answer:
Other factors of production are used when building houses. The owner of the firm, Jack, believes that specialisation of labour ...
yes I agree,
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