The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.

-What determines the productivity of labour?
A)The quantity of capital that labour has to work with.
B)The quality of the labour itself.
C)The state of technology.
D)The quantity of labour employed.

Question

The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.
 
-What determines the productivity of labour?
A)The quantity of capital that labour has to work with. 
B)The quality of the labour itself. 
C)The state of technology. 
D)The quantity of labour employed.

Quizplus · Accepted Answer

The Answer of The first 3 columns of the following table show data for a representative firm in an industry.The last 3 columns show the market demand and supply for the type of labour employed by this firm.
 
-What determines the productivity of labour?
A)The quantity of capital that labour has to work with. 
B)The quality of the labour itself. 
C)The state of technology. 
D)The quantity of labour employed.

The First 3 Columns of the Following Table Show Data