a
What advantage does a firm that uses labor specialization have over a firm that does not?
a
it can move its workers to different phases of production without any retraining.
b
it can negotiate cheaper prices on raw materials needed from its suppliers.
c
it can rely on more skilled workers to lower its overall labor cost.
it can produce goods or services more quickly and at a lower cost.
Answers: 1
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Prior to the presence of europeans on the continent, the slave trade in africa a) did not exist in any form. b) was limited to internal trade only. c) included the trans-saharan and indian ocean slave trade. d) was rarely needed due to the lack of an agricultural economy.
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What advantage does a firm that uses labor specialization have over a firm that does not?
a
a
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