How specialization offers economies of scale


Assignment task:

Specialization in a particular small job allows workers to concentrate on types of production where they have an advantage.

It is then observed that some people are better at something than others because they have different skills, talents, and interests.

Faster and high-quality goods are produced by workers who specialize in specific tasks. Specialization offers economies of scale because as the production increases the per-unit cost decreases.

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Macroeconomics: How specialization offers economies of scale
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