Which of the Following Would Increase Labor Productivity

question 51

Multiple Choice

Which of the following would increase labor productivity?

• A)a decrease in amount of capital per unit of labor
• B)technological change
• C)a decrease in the unemployment rate
• D)an increase in the number of inexperienced workers entering the labor force
• E)a decrease in the quality of capital

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Definitions:

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their use of resources.

Preparing Deliveries

The process involved in getting goods ready to be dispatched to the customer, including packing and labeling.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the activities and resources that go into producing them.

Time-Driven

refers to a methodology where tasks or processes are estimated and evaluated based on the time they take to complete.