Productivity and Division of Labour

What is productivity?

• The division of labor among workers

• The advantages and disadvantages of labor division

• The measure of the efficiency of production

• The factors that affect the quality of labor

What does the division of labor refer to?

• The measure of the efficiency of production

• The factors that affect the quality of labor

• The separation of tasks in any economic system or organisation

• The advantages and disadvantages for workers and businesses

What is the definition of productivity?

• The efficiency of production in terms of the number of workers.

• The rate at which goods are produced and the amount produced in relation to work, time, and money needed to produce them.

• The total revenue generated from the sale of goods produced.

• The speed at which a company can bring a new product to market.

How is productivity defined according to the learning material?

• Productivity = number of workers/total output

• Productivity = total input/total output

• Productivity = total output/number of input

• Productivity = total output - number of input

How would you calculate labour productivity?

• Labour productivity = number of workers/total output

• Labour productivity = total output/number of workers

• Labour productivity = total input/number of workers

• Labour productivity = total output + number of workers

What is the annual productivity per bakery for Warburtons?

• 150,000 loaves per bakery per year

• 125,000 loaves per bakery per year

• 100,000 loaves per bakery per year

• 175,000 loaves per bakery per year

What is the annual output of deckchairs for Firm A in 2019?

• 3500

• 3650

• 1215

• 1200

According to the graph, which statement is true regarding productivity trends?

• Productivity has exceeded the pre-crisis trend level.

• There is no visible trend in productivity changes over time.

• Productivity has failed to rise to the pre-crisis trend level.

• The graph shows no difference between 'Output per hour' and 'Output per worker'.

Based on Chart 2, which country showed a decrease in GDP per hour worked from 2008 to 2010?

• UK

• Germany

• Japan

• Ireland

Why do firms try to increase productivity over time?

• To increase their working hours

• To lower their costs and make more profit

• To expand their business geographically

• To increase the number of employees