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

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प्रश्न

What is meant by the efficiency of labour?

संक्षेप में उत्तर

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

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

संबंधित प्रश्न

Labour


Give any five differences between product and process-based division of labour.


Discuss any three advantages of the division of labour.


Mention two ways by which producers benefit from the division of labour.


State Distinguish between the simple division of labour and complex division of labour?


Give reason or explain the following.

Labour cannot be stored.


Rewrite the following sentences by using proper substitute given in the bracket: 

Labour is ___________. 


 Explain the following concepts or give definitions.

 Land  


Define or explain the following concept:

Labour


Give reason or explain:

Labour cannot be stored.


State whether the following statement is TRUE and FALSE.

Demand for labour is direct demand.


Define: Labour


______ cannot be stored.


The concept Division of Labour was introduced by ______.


Labour cannot be separated from the ______.


If a labourer does not work for a day, his one day 's work will be lost forever.

It implies:


______ is an example of the geographical division of labour.


Efficiency of labour is low in India due to ______.


There are more possibilities of inventions under ______ of labour.


Labourers have ______ bargaining power.


______ of labour is related to division of labour.


Labour is the only ______ factor of production.


______ of labour is advantages to workers as it increases their efficiency, mobility and saves their time and tools.


With respect to division of labour, state the following:

An example of horizontal division of labour.


With respect to division of labour, state the following:

Two advantages to the producers.


With respect to division of labour, state the following:

Two disadvantages to the workers.


Which of the following statements is TRUE?


Name two industries where division of labour is possible.


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