part 1: main idea\nthe amount of goods and services that a person can produce in a given time is…

part 1: main idea\nthe amount of goods and services that a person can produce in a given time is called\nlabor input\nlabor intensive\nlabor output\nlabor productivity\n13 multiple choice 4 points\npart 1: main idea\ncar manufacturers who use robots to do certain jobs on the assembly line are trying to increase supply by\nlowering input costs\ntaking advantage of government regulation\napplying new technology\nincreasing the number of producers
Answer
Brief Explanations:
- Labor productivity is defined as the amount of goods and services a person can produce in a given time. It measures the efficiency of labor.
- Using robots on the assembly - line is an example of applying new technology. Robots can work faster and more consistently, thus increasing production and supply.
Answer:
- D. labor productivity
- C. applying new technology