We appreciate your visit to 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. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
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.
learn more about labor productivity here:
https://brainly.com/question/14039562
#SPJ11
Thanks for taking the time to read 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. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada