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21.

Mr Chan is the owner of a printing factory and he employs Mary as an accountant. The factory engages in __________ production and Mary provides the service of the factor __________.

22.

Which of the following would raise the average labour productivity?

23.

When division of labour is practiced, workers will have a __________ occupational mobility because __________.

24.

Suppose the wage payment system of the salesmen employed in ABC Company changes as follows:

Question figure

It results in

25.

The following graph shows the relationship of the three stages of production. What does P and Q stand for respectively?

Question figure
26.

Which of the following is classified as land in economics?

27.

Study the following table:

EconomyABCD
Number of workers2053015
Weekly working hours per worker525520
Total output11 00012 0009 00010 000

Which economy has the largest labour supply?

28.

Which of the following situations will increase the average labour productivity?

29.

Michael Owen is a famous football player for Liverpool Football Club. In economics, he provides the service of __________ and he engages in __________ production.

30.

In order to attract more Mainland professionals to work in Hong Kong, some firms plan to provide a housing allowance for them. This would __________ the __________ of these Mainland professionals.

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