A key determinant of labour productivity is:

Question

Quizplus · Accepted Answer

The amount of physical capital available to workers, such as machinery or technology, can significantly impact labour productivity. By having access to better tools and equipment, workers can produce more output with less effort and time. This is why investment in physical capital is important for improving labour productivity. The other options listed (market for final product demand, cultural value of work effort, and labour market supply) can indirectly affect productivity but are not as key as the availability of physical capital.

A Key Determinant of Labour Productivity Is