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FSOT: 500 Test Prep Study Questions

Category - Economics

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If productivity is the amount of output that is generated per unit of input, what would the productivity of labor be if ABC Sprockets produced 2,000,000 sprockets in two weeks, while employing 10 workers each working 40 hours per week?

2500 per hour
400,000 per worker
4,000,000 per week
400 per week

Explanation

Answer: A - 2500 per hour.

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