Solved

If 40,000 Worker-Hours Produced a Total Output of $600,000 in an Economy

Question 108

Multiple Choice

If 40,000 worker-hours produced a total output of $600,000 in an economy, then the labor productivity is

A) $10/worker-hour.
B) $15/worker-hour.
C) $24/worker-hour.
D) $240/worker-hour.

Related Questions

Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the

Q104: If an economy is currently producing on

Q105: The main cause for the vast differences

Q106: In 2008, living standards in the United

Q107: Sources of increasing returns that help raise

Q109: What is meant by human capital and

Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the

Q111: What percentage of the U.S. adult population

Q112: Name the six institutional structures listed in

Q113: The percentage of the working-age population in