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If 40,000 worker-hours produced a total output of $400,000 in an economy, then the labor productivity is Multiple Choice $10 per worker-hour. $40 per worker-hour.
If 40,000 worker-hours produced a total output of $400,000 in an economy, then the labor productivity is
Multiple Choice
- $10 per worker-hour.
- $40 per worker-hour.
- $16 per worker-hour.
- $160 per worker-hour.
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Essentials of Economics
Authors: Bradley Schiller, Karen Gebhardt
10th edition
125923570X, 978-1259235702
