A manufacturing company producing smartwatches decides to transition from a production system where individual technicians assemble entire units to a highly specialized division of labour across an assembly line. Which of the following is the most likely economic consequence of this decision?
An increase in the average time spent by workers switching between different assembly tasks
An increase in the occupational mobility of the assembly workers
A decrease in the time and cost required to train new workers for their specific roles
A reduction in the overall productivity of the labour force due to the elimination of specialized machinery
85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.