Question

Division of labor can lead to higher wages because it increases _____. the supply of labor labor productivity Social Security

Answer 1

Answer: Labor Productivity.

Step-by-step explanation:

Division of labor allows for productivity within the work force, ultimately resulting in efficiency ratings to improve. This makes the profits rise, which makes the laborers more valuable.

Answer 2

Division of labor can lead to higher wages because it increases labor productivity. The correct option among all the options that are given in the question is the second option. With the division of labor, the productivity of the company also increases and dependence on a single labor decreases. This leads to specialized workers and thus increase in wages.