What is most likely to increase the demand for labour in an industry?
a decrease in the price of capital used by the industry
a decrease in the productivity of labour in the industry
an increase in the demand for the industry's product
an increase in the wage paid to labour in the industry
C
A firm chooses to become more capital-intensive.
What is least likely to have increased?
interest rates
minimum wages
the power of trade unions
the productivity of capital
A
The table shows the output of cakes from four bakeries, A, B, C and D.
Which bakery has the highest labour productivity?
labour
(hours per day)
output
(cakes per day)
10
40
40
640
50
750
100
500
B