The division of labor refers to
a. discrimination in labor markets
b. separating a job into smaller tasks completed by different people
c. one worker who divides his time among different jobs and duties
d. defining a job according to the appropriate sex
e. the fact that two 20-year-olds are more productive than one 40-year-old
Question 2
Fast food is faster and cheaper than a similar meal you could prepare for yourself. Which of the following does not explain that fact?
a. meal preparation has been divided into many separate tasks
b. larger-scale production allows the introduction of more efficient machines
c. workers gain productivity at a task over time
d. there is less time lost moving from one task to another
e. workers are more productive when they are being paid
The Railroads: Moving Agricultural Products to Eastern Markets, 1890
Indentured Labor from Asia
Efficient Allocation of Labor between Sectors
Two-point discrimination
Labor
Markets and Institutions Market Story Problem