Académique Documents
Professionnel Documents
Culture Documents
uk
– e.g. 1 person produces 50 mugs per week, each mug sells for £2
each. Total value of output = £100
£100
DL1
DL
Q1 Q3 Q2 Q4
Quantity of labour employed
DL DL1
Q1 Q3 Q2
Number Employed
Shortage
– Productivity