18th-century economist adam smith illustrated improvements in efficiency in manufacturing units through the application of:

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03-11-2017
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18th-century economist adam smith illustrated improvements in efficiency in manufacturing units through the application of:

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SeoJoon15 SeoJoon15 · Answer 1 · 2017-11-14T05:58:56+01:00

SeoJoon15 SeoJoon15

14-11-2017

What Adam Smith illustrated in improvement of efficiency in manufacturing units is through the application of specialization. Specialization is a way of providing better service and means of focusing production in a greater degree that could be of benefit for both consumers and producers.

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