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6 October, 03:51

Specialization and the division of labor typically result in

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  1. 6 October, 04:22
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    1. Higher labour productivity

    - Because workers become specialised and are then experts

    2. Lower average costs

    - With same number of workers, if productivity increases, average costs decreases

    3. (Lower motivation)

    - Tasks could be monotonous and tedious, workers may actually lose motivation and become less productive
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