A food-testing business operates two laboratories. In one hour, a technician in Laboratory R completes 16 tests, while a technician in Laboratory S completes 10 tests. All completed tests have equal value and are of the same quality. Customer demand for the tests from both laboratories is the same.
Which statement about the business's technicians is most likely to be correct?
Laboratory R technicians' labour is likely to be valued more highly because their hourly output is greater
The supply of Laboratory R technicians is likely to be higher because their hourly output is greater
The two groups' labour is likely to be valued equally because customer demand is the same
Laboratory S technicians' labour is likely to be valued more highly because each test takes longer
80 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.