Two mutually exclusive projects are under consideration: Year Project A Project B 0 -$5,850 -$15,000 1 3,300 3,000 2 3,300 5,000 3 3,300 7,000 4 3,300 9,000 5 3,300 11,000 Which project should be selected if the simple payback method is used to make the determination?

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.