Which of the following is NOT true about specialization or division of labour?
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- 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
Correct Answer: Option C
Explanation:
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