The table below shows the production and labour input data for an automotive components factory over two consecutive operating periods:
| Period | Total Output (units) | Number of Assembly Workers | Average Hours Worked per Worker |
|---|---|---|---|
| Period 1 | 2,4002,4002,400 | 50 | 40 |
| Period 2 | 3,1503,1503,150 | 60 | 35 |
Which of the following represents the percentage change in labour productivity (measured as output per worker-hour) from Period 1 to Period 2?
A decrease of 12.5%12.5\%12.5%
An increase of 9.375%9.375\%9.375%
An increase of 25.0%25.0\%25.0%
An increase of 31.25%31.25\%31.25%
156 exam-style questions on AQA A Level Economics 1.4 Production, costs and revenue, covering 1.4.1 Production and productivity, 1.4.2 Specialisation, division of labour and exchange, 1.4.3 The law of diminishing returns and returns to scale (A-level only), 1.4.4 Costs of production, 1.4.5 Economies and diseconomies of scale, 1.4.6 Marginal, average and total revenue, 1.4.7 Profit, and 1.4.8 Technological change (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.