🤑ap microeconomics review

Division of labor

Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 examWritten by the Fiveable Content Team • Last updated August 2025

Definition

The separation of production tasks among different workers or groups, allowing each to specialize and improve efficiency.

AP course connection

Topic 3.2: 3.2 Short-Run Production Costs

Unit 3

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