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51.

When division of labour is practised,

52.

Jenny won a cooking competition and was awarded a famous brand microwave oven. This microwave oven is

53.

Which of the following are capital goods of a school?

(1)teacher's knowledge of economics
(2)notes taken by the students
(3)watch-dogs
54.

Land is different from capital in that

55.

Mr Law is a full-time teacher in an aided secondary school in Hong Kong. He is a __________ producer and he is paid using a __________ method.

56.

Which of the following would increase the labour supply of Hong Kong?

57.

Which of the following types of people is more occupationally mobile?

58.

Refer to the following table:

Firm AFirm B
Number of workers employed10060
Number of working hours per worker350650
Output (Units)140 000156 000

Which of the following concerning Firm A and Firm B is correct?

59.

Assume that the payment system of some civil servants is changed from time rate to piece rate. This change will NOT result in

60.

Which of the following is NOT an advantage of division of labour?

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