An aerospace component manufacturer, AeroPrecision, increases its weekly production of turbine blades from 1,200 1,200\,1,200 units to 1,500 1,500\,1,500 units. Over the same period, the number of assembly workers employed increases from 15 to 20, with all workers continuing to work a standard 40-hour week.
Which of the following represents the percentage change in labour productivity at AeroPrecision?
An increase of 25.0%25.0\%25.0%
A decrease of 6.25%6.25\%6.25%
An increase of 33.3%33.3\%33.3%
A decrease of 25.0%25.0\%25.0%
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.