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Labor productivity is represented by which of the following?

A. Capital per worker
B. The ratio of output to the labor force
C. The ratio of output to employment
D. Workers per unit of capital
E. The ratio of output to population

Answer :

The labor productivity is represented by option b. the ratio of output to the labor force. The correct option is b.

Labor productivity is a measure of the efficiency and output of workers in an organization or economy. It indicates the amount of output or goods and services produced per unit of labor input. Option b, the ratio of output to the labor force, represents this measure accurately.

Capital per worker (option a) represents the amount of capital available per worker, which can influence productivity but is not the direct measure of labor productivity itself. Option c, the ratio of output to employment, is similar to option b but focuses specifically on employment rather than the entire labor force. Option d, workers per unit of capital, is the inverse of capital per worker and does not directly represent labor productivity. Option e, the ratio of output to population, considers the entire population rather than just the labor force and does not solely represent the productivity of labor.

Therefore, option b, the ratio of output to the labor force, is the most appropriate representation of labor productivity. It measures how efficiently labor contributes to the overall output or production of goods and services.

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