asked 70.4k views
2 votes
The quantity of goods and services that can be produced by one worker or by one hour of work is referred to as

1 Answer

4 votes

Answer:

Explained below:

Step-by-step explanation:

The quantity of goods and services that can be produced by one worker or by one hour of work is referred to as Labor productivity. Companies can estimate their labor productivity ratios as a whole, by job task and may assign a contentious preference to them to examine how well they stack up in order to beat their competitors and can capture the maximum share in the market.

answered
User Gareth Davis
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.