2. Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours follow. What is the labor productivity for each car?

Question

Luis

Business

24 September, 06:28

2. Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours follow. What is the labor productivity for each car?

+1

Answers (1)

Know the Answer?

Averi Morgan · Answer 1

Labor productivity:

Deluxe car = 0.2 Limited car = 0.2

Explanation:

Labor productivity is obtained by dividing the quantities produced and sold (Output) with the total efforts of labor i-e - Labor hours (Input). To analyze that how effective the labor has been this approach is used/

Formula : LP = Quantities produced and sold (Output) / Labor Hours (Input)