Unit Labor Cost Is Computed by Dividing

question 41

Multiple Choice

Unit labor cost is computed by dividing:

• A) the total cost of workers by their average levels of output.
• B) the total level of output by the total cost of workers.
• C) the average level of output by the average cost of workers.
• D) the average cost of workers by their average levels of output.

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Definitions:

Phenotypically

Relating to the observable characteristics of an organism that result from both genetic makeup and environmental influences.

Sickle Cell Hemoglobin

An abnormal form of hemoglobin that causes red blood cells to adopt a sickle shape, leading to various health problems including pain and anemia.

Falciparum Malaria

A severe malaria caused by the parasite Plasmodium falciparum, characterized by high fever, chills, anemia, and in severe cases, cerebral malaria.

Heterozygous

A genetic condition where an individual has two different alleles of a gene.