Labor Productivity: Definition & Equation


Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What's the best explanation of labor productivity?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. Which one of the following is NOT a component that is used in calculating labor productivity?

2. The workers in your company produced $25,000 worth of products this month, spending a total of 1,000 man-hours to do it. What is your company's labor productivity for the month?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Many businesses can benefit from understanding their labor productivity. This quiz will test your knowledge of the factors involved in the calculation of the equation for labor productivity.

Quiz & Worksheet Goals

You'll be expected to answer questions about:

  • Definition of labor productivity
  • Components in calculating labor productivity
  • Problems involving labor productivity

Skills Practiced

  • Interpreting information - verify you can read information regarding how to calculate labor productivity and interpret it correctly
  • Knowledge application - use your knowledge to answer a question about what labor productivity is
  • Problem solving - use acquired knowledge to solve labor productivity problems

Additional Learning

To learn more about who might need to be let go or receive a pay raise, review the corresponding lesson called Labor Productivity: Definition & Equation. This lesson will help you:

  • Identify what makes a person productive
  • Describe how an economy can be productive
  • Explain how the labor productivity equation can be applied