Improved labour efficiency can be measured by?

By: |Published on: Oct 29|Categories: Economics JAMB| 0 comments

A. an increase in output-input ratio
B. a decrease in output-input ratio
C. the constancy of input-output ratio
D. an increase in input-output ratio

Correct Answer:

Option A – an increase in output-input ratio

Users Also Read These:

SEE ALSO  From the graph below the consumer will attain equilibrium at point ________?

Copyright warnings! Do not copy.