1.4 Production, costs and revenue

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Question 23
Easy

A design firm wishes to increase its labour productivity. All other things being equal, this is most likely to be achieved if the firm

hires more junior designers.

upgrades the software and hardware used by its design staff.

reduces the salaries of its personnel.

increases the number of contract hours worked by existing staff.

1.4 Production, costs and revenue Questions

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