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If 40,000 worker-hours produced a total output of $200,000 in an economy, then the labor productivity is Multiple Choice $5 per worker-hour. $20 per worker-hour.
If 40,000 worker-hours produced a total output of $200,000 in an economy, then the labor productivity is
Multiple Choice
- $5 per worker-hour.
- $20 per worker-hour.
- $8 per worker-hour.
- $80 per worker-hour.
- $50 per worker-hour.
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Clifford W. Smith Jr., Jerold Zimmerman
6th edition
73523143, 73523149, 978-0073523149
