How much an economy makes per hour is how much it receives per hour. Its income per hour is equal to its output per hour. So when productivity grows, so does how much the economy makes each hour. This causes income per hour, the average hourly wage, to rise.
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
The graph shows that there is a positive relationship between wages and productivity. This means that as wages increase, productivity also tends to increase.
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Average and marginal productivity are analytical tools used to measure the output of labor in order to evaluate current production ability and improve future capacity. Average productivity is the total production involved in a process divided by the number of variable unit inputs employed. It is what each employee produces. Marginal productivity is the increase in the rate of output created by adding one more unit of the input while maintaining the same constant inputs.
There is a direct relationship between health, labor, productivity, and income levels. If a person is healthy they can work, be more productive, and therefore make more money.
Graphically illustrate and explain the relationship between marginal productivity of labour and the demand for labour .
What is the relationship between productivity and plant breeding
The relationship between the workforce and distance impacts productivity and efficiency. When employees work closer together, communication and collaboration are easier, leading to increased productivity. However, remote work can also be efficient with the use of technology. Balancing proximity and distance is key to optimizing productivity in the workforce.
The graph shows that there is a positive relationship between wages and productivity. This means that as wages increase, productivity also tends to increase.
Increased human capital leads to increased productivity.
oWhat is the relationship between Marginal Productivity of Labour and Labour welfare
When a group is too cohesive, productivity can suffer.
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what is the relationship between staff and line authority?
explain the relationship between overtraining and rice
Archimedes principle helps explain the relationship between weight and volume. The term is specific gravity.
Q 3. How did the scientists explain the relationship between the colors observed and the structure of the atom?