Course Solutions Uncategorized (Answered) : Last week a firm produced 1,780 units of its signature product. In producing those units, 2 employees worked 20 hours each. In u

(Answered) : Last week a firm produced 1,780 units of its signature product. In producing those units, 2 employees worked 20 hours each. In u

Last week a firm produced 1,780 units of its signature product. In producing those units, 2 employees worked 20 hours each. In units per labor hour, what was labor productivity?

Expert Answer


OUTPUT=1780 UNITS

LABOUR HOURS = 20 +20 =40 HRS

LABOUR PRODUCTIVITY = TOTAL OUTPUT / LABOUR HOURS = 1780 / 40=44.5 per labor hour

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