Probably the most important source of efficiency in production is
A)investing in more capital goods.
B)consuming rationally.
C)expanding the production possibilities frontier.
D)increasing inputs of energy and raw materials.
E)the specialization of labor.

Question

Quizplus · Accepted Answer

The specialization of labor allows workers to focus on a specific task, increasing their skill level and efficiency in that task. This leads to a more efficient production process as each task is completed more quickly and accurately, ultimately increasing overall productivity.

Probably the Most Important Source of Efficiency in Production Is