Agriculture Efficiency Has Resulted in

question 171

Short Answer

Agriculture efficiency has resulted in
Canadians contributing more resources to farms.
an increase in the number of people employed in the industry.
Canadians needing more farms.
a decrease in the number of people employed in the industry.
none of these.

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Definitions:

Direct Labor Efficiency

A measure of the productivity of workers involved directly in manufacturing, calculated as actual hours worked versus standard hours.

Direct Labor Price

Refers to the rate paid for the labor directly involved in the production of goods or services.

Ideal Standards

Benchmarks for performance or production that assume perfect efficiency and effectiveness, often used for planning purposes.

Favorable Variances

Differences between expected and actual financial performance that result in better-than-expected profitability or cost savings.