Firms And Production
Muhtasari
Why does one factory churn out millions of identical bottles while a tailor sews a single suit by hand? Firms choose how to produce, and that choice shapes their costs, their output and the jobs they create. Behind every product lies a decision about which method, and how much, to produce.
In this lesson you will learn what influences how much firms produce, the different methods of production they can choose, and a distinction examiners love to test: production versus productivity. You will also see how investment can raise productivity and why that matters for the whole economy.
Malengo
- influences to include demand for the product, the price of different factors of production, their availability and their productivity
- reasons for adopting the different forms of production
- advantages and disadvantages of the different forms of production
- the difference between production and productivity
- influences on production and productivity
- effects of changes in investment on productivity
Maelezo ya Somo
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Tathmini ya Somo
Hongera kwa kukamilisha somo la Firms And Production. Sasa kwa kuwa umechunguza dhana na mawazo muhimu, ni wakati wa kuweka ujuzi wako kwa mtihani. Sehemu hii inatoa mazoezi mbalimbali maswali yaliyoundwa ili kuimarisha uelewaji wako na kukusaidia kupima ufahamu wako wa nyenzo.
Utakutana na mchanganyiko wa aina mbalimbali za maswali, ikiwemo maswali ya kuchagua jibu sahihi, maswali ya majibu mafupi, na maswali ya insha. Kila swali limebuniwa kwa umakini ili kupima vipengele tofauti vya maarifa yako na ujuzi wa kufikiri kwa makini.
Tumia sehemu hii ya tathmini kama fursa ya kuimarisha uelewa wako wa mada na kubaini maeneo yoyote ambapo unaweza kuhitaji kusoma zaidi. Usikatishwe tamaa na changamoto zozote utakazokutana nazo; badala yake, zitazame kama fursa za kukua na kuboresha.
- Productivity is best defined as: A. total output B. output per unit of input C. the number of workers D. the price of a product Answer: B
- A factory of 20 workers produces 800 units. Labour productivity is: A. 800 units B. 20 units C. 40 units per worker D. 16000 units Answer: C
- Making a single custom-made item at a time is called: A. flow production B. batch production C. job production D. mass production Answer: C
- Which is most likely to raise labour productivity? A. hiring more workers at the same skill level B. investment in new machinery and training C. a fall in demand D. higher factor prices Answer: B
- A firm hires more workers and total output rises, but output per worker is unchanged. This means: A. productivity has risen B. production has risen but productivity has not C. both have fallen D. productivity has fallen Answer: B
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Vitabu Vinavyopendekezwa
Fanya Mazoezi ya Maswali ya Majaribio
Ungependa kufanya mazoezi ya maswali ya majaribio kuhusu Firms And Production? Pakua programu ya Green Bridge CBT ili kupata maswali ya majaribio na tathmini kamili za mazoezi kuhusu mada hii.
Pakua Programu Kwenye Google Playstore
Kila kitu unachohitaji ili kufaulu katika JAMB, WAEC & NECO.
