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What is meant by the efficiency of labour? - Economic Applications

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What is meant by the efficiency of labour?

थोडक्यात उत्तर
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उत्तर

Efficiency of labour refers to the quality and quantity of goods and services which can be produced by a labourer during a given period under certain prevailing conditions. It is assessed by contrasting the amount of a good that is produced by the worker, its quality, and the time it takes the worker to produce it.

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पाठ 1: Factors of Production - Exercise [पृष्ठ ३१]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
Exercise | Q 10. (i) | पृष्ठ ३१
गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
पाठ 1 Factors of Production
QUESTION BANK | Q 10. (i) | पृष्ठ ३३
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