If Country A produces 7,000 units of goods and services using 700 hours of labor, and if Country B produces 5,500 units of goods and services using 500 units of labor, then productivity is lower in Country A than in Country B.

Question

tiara parker · Accepted Answer

Final Answer : True, Explanation :  Country A has a productivity rate of 10 units per hour (7,000 units / 700 hours), while Country B has a productivity rate of 11 units per hour (5,500 units / 500 hours), making Country B more productive.

If Country A produces 7,000 units of goods and services using 700 hours of labor, and if Country B produces 5,500 units of goods and services using 500 units of labor, then productivity is lower in Country A than in Country B.

Definitions

Learning Objectives

Learning Objectives

Related questions