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 |
Modern international trade is based on the principle of ...
A demand which is positively related to price is true of ...
Advertising expenses would not be necessary under perfect competition because ...
One of the problems facing industrial development in West African countries is ...
The fundamental problem of Economics is? ...
In calculating mean one should ...
A tent-making factory offers ...
Which of the following is not a reason countries import goods? ...