Kami Test on Production

12. Labour-intensive sectors are the main contributors to Vietnam’s economic growth. What does this reveal about Vietnam’s economy?  

1.   

• 1. Availability of labour in Vietnam is low.

• 2. Demand for products from labour-intensive sectors is low.  

• 3. Price of labour in Vietnam is high.  

• 4. Production of goods and services in Vietnam is mainly dependent on labour. 

13. What is most likely to lead to an improvement in labour productivity in an industry?  

1.   

3.  

4.   

• 1. an increase in capital investment

• 2. an increase in income tax rates  

• 3. an increase in the demand for the industry’s product 

• 4. an increase in the number of firms in the industry

14. Which statement proves there has been an increase in productivity for a factory making tractors?  

1.   

3.  

• 1. 10% more workers results in a 10% increase in tractors produced each week.

• 2. Output per worker increases from 3 tractors to 4 tractors per month.  

• 3. Production increases as more workers are hired. 

• 4. Starting a night shift leads to an increase in production of 10 tractors a day. 

13. What is a disadvantage to employers of switching to production using division of labour?  

2.  

4.  

• 1. average cost decreases  

• 2. flexibility of workers is lost 

• 3. repetition of tasks saves time  

• 4. training time decreases 

16. The development of artificial intelligence in machines raises the productivity of capital. What will be the effect of this?  

1.   

3.  

• 1. The costs of production will increase.

• 2. The demand for capital will increase.  

• 3. The price of capital will fall. 

• 4. The supply of capital will decrease. 

18. Labor productivity is defined as  

• 1. output per man-hour 

• 2. average Output 

• 3. the maximum number of hours Worked 

• 4. total output of labour  

 A firm produces bicycles. It uses a combination of workers and machines. The table shows the output from different combinations of workers and machines. Which combination shows the greatest labour productivity? 

• A

• B

• C

• D

20. The specialization of labour enhances production because people? 

2.  

• 1. can concentrate on all goods 

• 2.  can efficiently produce their own needs

• 3. can save time and produce more 

• 4. become experts in all areas of production