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Content: lower unit costs
How can division of labor an specialization increase productivity? Labor specialization is what economists called division of
labor. This is the practice of breaking up a big job, like building
an automobile, into smaller jobs. Once the details of each small
task are worked out, the tasks are assigned to individual workers. This way, instead of have to learn how to build an entire car, each
worker only has to learn his or her task, which increases
productivity. 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.