Lesson 4.1.4.1
4.1.4.1 Production and productivity Quiz: AQA Economics, Unit 1
20 questions
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Lesson 4.1.4.1, Production and productivity: 20 multiple choice questions for the AQA Economics (7136), Unit 1: Individuals, firms, markets and market failure, written with Revision Ninja.
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The 20 questions
-
What is the economic term for transforming factor inputs into final outputs?
- Production
- Distribution
- Consumption
- Productivity
-
How is labour productivity calculated for a firm?
- Output per worker
- Total labour cost
- Workers per unit
- Total output produced
-
A firm produces 600 units with 20 workers. What is labour productivity?
- 12 units per worker.
- 600 units per worker.
- 30 units per worker.
- 580 units per worker.
-
Output rises from 600 to 690 units with 20 workers. How does labour productivity change?
- Rises by 4.5
- Falls by 4.5
- Stays unchanged
- Rises by 90
-
Which action is most likely to increase labour productivity in a firm?
- Worker training
- Cutting capital investment
- Lowering product prices
- Hiring more workers
-
What is the primary impact on a firm when its productivity increases?
- Higher total costs
- Lower output volume
- Lower unit costs
- Higher tax liabilities
-
Which factor of production consists of man-made physical assets used in production?
- Enterprise
- Land
- Labour
- Capital
-
What is the term for combining inputs like labour and capital to generate goods?
- Division of labour
- Market mechanism
- Production process
- Resource allocation
-
What measure is calculated by dividing total output by total number of workers?
- Labour productivity
- Marginal product
- Total output
- Capital productivity
-
Total output rises by 5% while total workers rise by 8%. Labour productivity will:
- Rise
- Double
- Fall
- Stay constant
-
What major factor input is ignored when measuring only labour productivity?
- Workers
- Hours worked
- Output
- Capital
-
Which technology adoption directly increases output per worker in manufacturing?
- Paper bookkeeping
- Manual assembly
- Higher sales tax
- Automation
-
Output rises from 240 loaves with 8 bakers to 300 loaves with 10 bakers. Productivity:
- Doubles
- Falls by 10
- Rises by 60
- Remains unchanged
-
Which factor directly increases labour productivity within an economy?
- Higher tariffs
- Price inflation
- Trade deficits
- Capital investment
-
What is the direct impact of falling labour productivity on a firm?
- Lower price elasticity
- Lower total costs
- Higher unit costs
- Higher output levels
-
Which term describes an increase in the amount of capital per worker?
- Capital consumption
- Capital deepening
- Capital widening
- Financial deepening
-
Which economic metric determines whether a productivity-raising capital investment is profitable?
- National debt level
- Net cost savings
- Rate of inflation
- Gross domestic product
-
Total output can rise while labour productivity falls if there is a sufficient increase in what?
- Wage rates
- Interest rates
- Employment level
- Capital intensity
-
In the long run, sustained increases in labour productivity generally lead to higher what?
- Inflation targets
- Import tariffs
- Unemployment rates
- Real wages
-
Output increases from 1,500 units with 50 workers to 1,800 units with 60 workers. What happens to productivity?
- Increases by 10%
- Remains unchanged
- Increases by 20%
- Decreases by 10%
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