Refer to the information provided in Table 31.1 below to answer the question(s) that follow.
Table 31.1

-Refer to Table 31.1. During Period 3, labor productivity is equal to
A) 0.3.
B) 1.96.
C) 3.36.
D) 4.7.

Question

Refer to the information provided in Table 31.1 below to answer the question(s) that follow.
Table 31.1
 
-Refer to Table 31.1. During Period 3, labor productivity is equal to
A) 0.3. 
B) 1.96. 
C) 3.36. 
D) 4.7.

Quizplus · Accepted Answer

Labor productivity is calculated as output divided by labor input. In Period 3, the output is 84 and the labor input is 25, so productivity is 84/25 = 3.36.

Refer to the Information Provided in Table 31