When a bakery manager reports that at her bakery, productivity of her 15 workers last month was 1,800 loaves per worker, she is referring to the

Average product of labour.

Explanation:

This can be explained directly as the total product against labour contribution to its production. It is seen that as the average product increases, so does the productivity of the input.

In other words, the more the AP, the more positively productive the input becomes. The relationship between total product and factors of production by experts are said to be linear but once a certain point is reached limiting factors begin to set in. In an AP calculation, certain conditions are affect it and also some are been put to consideration. In calculate the total product is divide by the variable and also the average product formula, the total product, or average physical product are been known.

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lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o