5.04 and 5.05 Economic concepts
42
At PME Company, four employees worked 25 hours a week and produced 4,200 products. What is the total hourly production output?
93
If three employees each work 35 hours a week and produce a total of 9,765 items, what is their total hourly productivity level?
people's attitudes have changed.
One reason that has caused the government's role in business to expand is that:
outputs divided by inputs.
The formula that is generally used to measure productivity is:
issuing bonds.
The government can borrow money from the private sector in order to pay the costs of regulation by:
dividing the number of customers served by the number of hours an employee worked.
The productivity of an individual worker can be measured by:
patents
Which provides government protection of business property?