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Content: What is the benefit of specialization? it leads to an increase in output
How do division of labor and specialization affect productivity? labor and specialization are both means of a method to produce
something. So how well those are being done, will see how
productive it will be
How do you increase the labor productivity? You increase labor productivity through allowing incentives as
bonus and medical care as well as percentage of the profit. How does specialization increase total output in economics? I'm a freshman at Utah State diving into macroeconomics. One of
the key points from my text states: " Knowledge increases
productivity, do specialization increases total output." Can
someone help me understand this?