How Is Unit Labor Cost Computed

question 29

Multiple Choice

How is unit labor cost computed?

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

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Definitions:

Interpersonal Intelligence

The ability to understand and interact effectively with others.

Intrapersonal Intelligence

A component of Howard Gardner's theory of multiple intelligences focusing on the individual's capacity to understand oneself and to use such knowledge effectively in regulating one’s life.

Emotional Intelligence

The ability to recognize, understand, and manage our own emotions and those of others.

Arthur Jensen

A controversial American psychologist known for his work in psychometrics and intelligence research, particularly on racial differences in IQ scores.