QUESTION IMAGE
Question
hours of labor or number of workers are common ways of measuring a companys ______? a. division of labor b. productivity c. use of technology d. diminishing returns
Response
: division of labor refers to task specialization, use of technology focuses on tech tools, and diminishing returns is a production principle about declining output from additional inputs.
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: division of labor refers to task specialization, use of technology focuses on tech tools, and diminishing returns is a production principle about declining output from additional inputs.