Suppose total output (real GDP) is $1,000 and labor productivity is $5. We can conclude that the number of worker hours must be Multiple Choice 200. 5,000. 20. 2,000.
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Suppose total output (real
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200.
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5,000.
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20.
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2,000.
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- The information below shows the relationship between the number of workers and the amount of computer chips they can produce. Computer Chip Factory Labor and Production Levels Labor (number of workers) Total Product (computer chips) 0 1 2 3 4 O 100 250 450 550 What is the average product when there are two workers?If production of a good increases from 49 to 114, what is the percentage change in the quantity produced? Enter a number rounded to two decimal places. Do not enter a percent (%) sign.Statistical economics: In a factory employing 3,000 persons, in a day 5 per cent work less than 3 hours, 580 work from 3:01 to 4.50 hours, 30 per cent work from 4.51 to 6.00 hours, 500 work from 6.01 to 7.50 hours, 20 per cent work from 7-51 to 9.00 hours and the rest work 9.01 or more hours. What is the median hours of work?
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- 下午3:41 1月14日周五 Yuki 12.31 AP环科课程反馈,pdf ... 89. In a human population undergoing the demographic transition, which of the following generally decreases first? (A) Birth rate (B) Death rate (C) Average family size (D) Life expectancy (E) Level of education · 25. The most commonly used measure of theIf production of a good increases from 47 to 103, what is the percentage change in the quantity produced? Enter a number rounded to two decimal places. Do not enter a percent (%) sign. If the annual percentage change in the price of a good falls from 4% to 2% then the price of the good is falling over time. Group of answer choices True FalseYou observe that MPL > APL and MPL is decreasing but positive as more labor input is used. Output must be rate and average productivity 'APL' must be at increasing decreasing
- Rocky Gap Furniture hires eight employees working eight hours each to produce 176 rocking chairs. What is the productivity of these workers? 1.5 chairs per hour 22 chairs per hour 2.75 chairs per hour 88 chairsMarginal product of labor 95 45 0 85 MP₁ Real wage Quantity of Labor Food is produced using land and labor. According to the figure above, what is the total value of food production (in dollars)?why is 1-l1 hours worked and not just l1 as it states in the question