The table below shows the index of labour productivity for a tech hardware fabrication plant over a five-year period.
| Year | Index of labour productivity (2021=1002021 = 1002021=100) |
|---|---|
| 2019 | 116 |
| 2020 | 108 |
| 2021 | 100 |
| 2022 | 109 |
| 2023 | 120 |
The data show that over the period 2019 to 2023:
productivity fell faster between 2019 and 2020 than between 2020 and 2021.
the total volume of output produced at the plant was highest in 2023.
the total number of hours worked by employees at the plant must have increased between 2021 and 2022.
the average amount produced per labor hour rose at the fastest rate between 2022 and 2023.
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.