Labor Productivity Refers To

question 58

Multiple Choice

Labor productivity refers to:

• A)the number of units of output that a worker can produce in one hour.
• B)the total number of units of a good that all workers in a firm produce in one day.
• C)the number of hours it takes a worker to produce one unit of output.
• D)the total numbers of hours it takes all the workers in a firm to produce a given amount of the output in one day.

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Definitions:

Highlight

To mark or emphasize text or information so it stands out as important.

Material

The substances or components from which something is made or can be made.

Previewing

The process of looking over or reviewing content before engaging with it in depth, such as previewing a chapter before reading.

Reviewing

The process of examining or assessing something with the possibility of instituting change if necessary.