Labor Productivity Is Defined as

question 36

Multiple Choice

Labor productivity is defined as

• A) total output per worker.
• B) output per hour of work.
• C) output divided by the average hourly wage.
• D) price of output divided by cost of output.

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Definitions:

Calories

A measure of energy in food, technically defined as the amount of heat needed to raise the temperature of one kilogram of water by one degree Celsius.

Scatter Diagram

A graphical representation of data points for two variables in a dataset, used to investigate the possible relationship between them.

Interval Data

A type of numerical data that represents quantities and for which intervals between values are meaningful, allowing for a range of mathematical operations.

Scatter Diagram

A graph used to visually display and assess the relationship between two variables by plotting data points.