Answer:
Division of Labor
Explanation:
If Lena and Jess are roommates. Lena hates to clean the bathroom. Jess will agree to clean the bathroom only if Lena vacuums the living room. This statement best represents this economic concept: Division of Labor.
Division of labor is the assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.
It is the separation of tasks in any economic system in the bid for each party to specialize.
Individuals, organizations, and nations have specialized capabilities and can form combinations or trade with others, in order to take advantage of their own capabilities.
