11 Assess the advantages and disadvantages of using labour productivity asa measure of efficiency. (15 marks)

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11 Assess the advantages and disadvantages of using labour productivity asa measure of efficiency. (15 marks)
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Solution 1

Advantages of Using Labour Productivity as a Measure of Efficiency:

  1. Simplicity: Labour productivity is a straightforward measure that is easy to calculate. It simply involves dividing the total output by the total number of labour hours.

  2. Comparability: It allows for comparisons across differ Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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