5.04 and 5.05 Economic concepts

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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?


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