The rate of output per worker (or group of workers) per u...
The rate of output per worker (or group of workers) per unit time is called
Labour productivity
Total output
Individual output
Work done
Correct answer is C
Individual output is also called average product and it is calculated as:
| total output
total number of labour |
The growth of the population is the ...
Goods whose demand vary directly with money income are called? ...
The demand curve faced by a monopolist is_____? ...
Utility is the satisfaction derived from____________ ...
A shift of the demand curve leftward from its original position indicate ...
The price paid for labour services is the ...
The market price of a commodity is determine by the ...
Quantity Total cost 0 20 1 25 2...
------------- is NOT the cause of balance of payments (BOP) deficits in Nigeria ...