Economy, asked by upasanach, 1 month ago

State two ways in which division of labor affects cost of production​

Answers

Answered by Anonymous
0

Answer:

Reduction in Cost of Production: The specialised worker with the help of machines, produces more quantity of goods in less time and with minimum wastage. This reduces the cost of production thereby resulting in more profits to the producer.

Answered by Annasha150
0

Answer:

If it is contributed to the overall efficiency of firm then it reduce the cost of production

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