is:
Total Output / Total Productive Hours
Depending on the desired result, variables can be expressed in monetary XXXXX or products.
For XXXXXXX, you have a bakery. You XXXX every bread XXXX X,XX XXXXXXX. XXX XXXX 1 baker XXX XX making 100 pieces of bread XXX XXXXXXX XXXXX.
Labour productivity:
XXX breads/XXXXXX =12.5 breades/h
100 pieces XX bread *X,25/8hours =15.625$/h
The XXXXX XXXXXXXXX can be XXXXXXXX XX XXX XXXXX has access XX XXXX XXXXXXXXXX or XXXXX new skills for XXXXXXXXXX XXXXX-XXXX. Skills, technology XXX XXXXXXXXXX XXX rise the productivity.
X. Changes in XXXXXXXXXXXX are XXXXXXXXX the standard XX living by decreasing or XXXXXX XXX XXX XXXXXXX.
If XXX XXXXXXXXXXXX XXXXX XXXX more XXXXX can be produced with the same XXXXXX or work-XXXXXX. This XXXXXX larger XXXXXXX or XXX possibilityto XXXXXX XXXXXX, making XXX products XXXX-XXXXXXXXXXX on export.
For example the same XXXXXX:
XX we send our baker to a baking course XXX he XXXXX 10% more XXXXXXXXXXXX XXXX we have:
XXX+XX% XXXXXX/XXXXXX =13.XX breads/h
110 pieces XX bread*1,XX/XXXXXX =17.XX$/h
XX gained X.XX$/h in XXXXXXXXXXXX. XXXX this XXXXX XXXXX, we could XXXX the XXXX to XXX XXXXX. If he XXX a greater wage he XXX XXXXX XXXX XX XXXXXXXX. More XXXXXXXX XXXXX a XXXXXX XXXX XXXXXXXX.
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