A company uses 200 workers and 50 units of capital to produce 1,000 units of output. Its average labor productivity isGroup of answer choices4.5.20.25.
Question
Solution 1
The average labor productivity of a company is calculated by dividing the total output by the number of workers. In this case, the company produces 1,000 units of output with 200 workers.
Step 1: Identify the total output and the number of workers. Total Output = 1,000 units Number of Workers = Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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