The table below shows the index of labour productivity for a manufacturing firm over a five-year period.
| Year | Index of labour productivity (2018 = 100) |
|---|---|
| 2016 | 108 |
| 2017 | 104 |
| 2018 | 100 |
| 2019 | 101 |
| 2020 | 109 |
The data show that over the period 2016 to 2020
total labor hours worked reached their highest level in 2016.
the volume of total production was lowest in 2018.
the amount produced per worker rose at the fastest rate between 2019 and 2020.
productivity fell fastest between 2016 and 2017.
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.