Question

what are the advantages of division of labour?​ point ​

Answer 1

Answer:

hope it will help u

Explanation:

Advantages from specialisation (division) of labour:

Higher productivity and efficiency – e.g. rising output per person hour. Lower unit costs leading to higher profits. Encourages investment in specific capital – economies of scale.

Answer 2

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The division of labor allows individuals and firms to specialize and to produce more for several reasons:

a) It allows the agents to focus on areas of advantage due to natural factors and skill levels.

b) It encourages the agents to learn and invent.

c) It allows agents to take advantage of economies of scale.