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31 October, 18:42

The efficiency of labor is a term that does not reflect the: A. high output that comes from labor cooperating with a large amount of capital. B. health of the labor force. C. education of the labor force. D. skills of the labor force acquired through on-the-job training.

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  1. 31 October, 21:04
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    C. education of the labor force.

    Explanation:

    When we talk about labor efficiency, we talk about the capabilities of the labor force in respect to the given job.

    Education does not necessarily ensures the efficiency of the labor, as academic qualifications does not ensure the skills of labor.

    Thus, following are the para-meters of efficiency of labor force:

    High output in relation to high capital budget, as will ensure high efforts from labor force also. health of labor force is clearly related to efficiency as with high output the health of labor is assumed to be good. skills acquired on the job, through skill training, clearly impact on value addition of skills related to particular job and efficiency of labor.

    Thus, correct option is

    C. education of the labor force.
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