WAEC Economics 1991 (August) Question 34

Question 34

Labour Market

The productivity of labour does not depend only on its own effort and efficiency, but also on
I. the level of technical knowledge
II. the quality of other factors
III. racial qualities which allow persons from certain races to have good physique and be very active.
Which of the above statements is/are correct?

  1. A.I only
  2. B.I and II only
  3. C.I and III only
  4. D.II and III only
  5. E.III only.
Show the answer and explanation

Answer: B (I and II only)

Explanation

Labour productivity rises with better technology and better capital and land to work with; race has nothing to do with it.