POB 5.04-5.05

5.05 At PME Company, four employees worked 25 hours a week and produced 4,200 products. What is the total hourly production output?

42

5.05 If three employees each work 35 hours a week and produce a total of 9,765 items, what is their total hourly productivity level?

93

5.05 The productivity of an individual worker can be measured by:

dividing the number of customers served by the number of hours an employee worked.

5.04 The government can borrow money from the private sector in order to pay the costs of regulation by:

issuing bonds.

5.05 The formula that is generally used to measure productivity is:

outputs divided by inputs.

5.04 Which provides government protection of business property?

patents

5.04 One reason that has caused the government's role in business to expand is that:

people's attitudes have changed.