Costs and benefits of firms and workers specialising unit 1
- Created by: Ovais
- Created on: 06-04-13 23:55
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Cost and benfits of specilisation:
Benefits to the firm:
-Workers become quicker at producing goods (more productive)
-Because of increased productivity, average costs per unit are lower
-Production levels are increased
Costs to the firm:
-Greater cost of training workers
-Quality may…
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