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प्रश्न
What is meant by the efficiency of labour?
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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संबंधित प्रश्न
Labour
Define labour.
With the help of a suitable example, explain the meaning of geographical or territorial division of labour.
Mention two ways by which producers benefit from the division of labour.
Explain three causes of low efficiency of labour in India.
State Distinguish between the simple division of labour and complex division of labour?
Define or explain the concept Labour.
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.
Mention two ways by which a worker benefits from the division of labour.
State any two factors that determine the Division of labour.
Define Division of labour. Explain three benefits of the Division of labour to producers.
______ is more perishable than other factors of production.
A wealth of Nations book written in the year ______.
The concept Division of Labour was introduced by ______.
______ cannot be separate for the labourer.
Indian farmers are an example of ______ type of labour.
______ is not a disadvantage of division of labour.
Labour is a/an ______ factor of production.
Labourers get ______ for the task they perform, whereas entrepreneurs hope to get ______ for the risk they take in a business.
How is the supply of labour different from the supply of other goods?
State two differences between labour services provided by a surgeon and a farmer.
With respect to division of labour, state the following:
An example of horizontal division of labour.
State four ways in which the division of labour will influence production in an economy.
Differentiate between an entrepreneur and labourer on the basis of the nature of work.
A labourer's income can be negative.
Complete division of labour cannot be implemented for ______.
Explain the following characteristic of labour:
Labour cannot be separated from the labourer.