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1.4 Production, costs and revenue

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Question 8

Table 1 shows an index of labour productivity per worker-hour for an aerospace components manufacturing workshop.

Table 1: Index of labour productivity per worker-hour (2021=1002021 = 1002021=100)

YearIndex of labour productivity per worker-hour
2019104.8
202097.2
2021100.0
2022102.5
202395.1

Which one of the following statements must be true?

The total volume of aerospace components manufactured in 2019 was greater than in 2022.

The average output produced per worker-hour was higher in 2022 than in 2020.

The workshop employed fewer assembly-line workers in 2023 than in 2020.

The workshop achieved maximum efficiency in 2021 because the index value was exactly 100.0100.0100.0.

1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue