Labor Productivity Is

question 53

Multiple Choice

Labor productivity is

• A)the quantity of output produced in one hour by several workers.
• B)the quantity of capital one worker can produce in one day.
• C)the quantity of output produced by one worker or by one hour of work.
• D)the quantity of output produced in one hour by one machine.

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Definitions:

Stalk-And-Ambush

A predatory strategy where the predator conceals itself and waits for the right moment to launch a surprise attack on its prey.

Repositioning

The strategic process of changing the market position of a product or brand to target new markets or change the perception among the existing customer base.

Animism

The belief that non-human entities, such as animals, plants, and inanimate objects, possess a spiritual essence or life force.

Cultism

Practices and devotions associated with a cult, which is a group of people with a religious, philosophical, or cultural identity, sometimes having extreme or exclusive beliefs or practices.