Business, 13.09.2019 03:30 evazquez

If a factory produces 100 tv sets per year, each tv will be quite expensive to make. however, if a factory produces 20,000 tv sets each year, then it can set up an assembly line with huge machines and workers performing specialized tasks, and the average cost of production per tv will be lower. what is this an example of?
(a) specialization
(b) division of labor
(c) productivity
(d) economies of scale

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If a factory produces 100 tv sets per year, each tv will be quite expensive to make. however, if a f...

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