Question 0

Which of the following is NOT true about specialization or division of labour?

  • A.Specialization and exchange go hand in hand
  • B.Specialization implies that each person produces a surplus of one or a few items (e.g commodities) n which he is specialized
  • C.Division of labour needs not take account of the extent of the market
  • D.Division of labour results in increased productivity
  • E.Division of labour involves the danger of unemployment
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1981
Question no.
#0
Type
Objective

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