The total output from a production system in one day is 500 units and the total labor

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The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours. Using the appropriate productivity measure, which of the following numbers represents the resulting productivity ratio?
a) 1.000
b) 1.428
c) 0.411
d) 0.700
e) None of the above
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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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