Labor productivity is measured as the
A)Dollar value of output per unit of labor.
B)Output per labor-hour.
C)Hourly wage rate divided by output per labor-hour.
D)Dollar value of inputs per unit of output.

Question

Quizplus · Accepted Answer

Labor productivity measures the output per unit of labor, which is best measured as output per labor-hour. Option A refers to labor productivity but is not the appropriate measure. Option C is incorrect as it calculates the inverse of labor productivity. Option D refers to productivity measures other than labor productivity.

Labor Productivity Is Measured as the