What is the amount of goods and services produced from each hour of a worker's time?
A)total output
B)productivity
C)marginal product
D)efficiency

Question

Quizplus · Accepted Answer

The amount of goods and services produced from each hour of a worker's time is referred to as productivity. A is incorrect because total output can refer to the overall production of an industry or firm, not just one worker. C is incorrect because marginal product refers to the additional output produced from one additional unit of input, not the overall output from one hour of work. D is incorrect because efficiency refers to how well resources are being utilized to produce output, not the amount of output produced per unit of time.

What Is the Amount of Goods and Services Produced from Each