The implementation of new production methods by managers, such as the "just-in-time" inventory system, increases:
A)average labor productivity.
B)the share of the population employed.
C)the unemployment rate.
D)the quantity of human capital.

Question

Quizplus · Accepted Answer

New inventions and innovations make workers more efficient, thus increase average labor productivity.

The Implementation of New Production Methods by Managers, Such as the "Just-In-Time