Economics A-Level
Labour productivity
What Labour productivity means in Economics A-Level, as defined for AQA.
Definition of Labour productivity
Check what you remember
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Reference: AQA
More efficient workers generate higher marginal revenue product, shifting the labour demand curve to the right.
Topics that use Labour productivity
- The demand for labour, marginal productivity theory (AQA A-Level)
Related terms
- Demand curve for labour
- Derived demand
- Factor markets
- Law of diminishing returns
- Marginal revenue product
- Profit maximisation
- Substitutes and complements
- Wage rate
Using Labour productivity in the exam
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