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1.4 Production, costs and revenue

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Question 17

Which one of the following is a standard measure of labour productivity?

Total output multiplied by the number of labour hours

The ratio of capital inputs to labour inputs

Output per worker per unit of time

Total value of sales minus total labour cost

1.4 Production, costs and revenue Questions

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