Economy, asked by Showman6741, 11 months ago

Hussain shaikh employed seven workers less than the usual number of workers on his farm, in spite of this, output remain the same find the concept

Answers

Answered by faitbros123
1

Answer:

if he had x workers before each worker would have to do 1/x of the output

if he deployed x-7 workers then each other have to do 1/x-7 of the work to get the same output

Answered by madeducators2
3

The concept of "Disguised Unemployment" can be identified in the given scenario

Explanation:

Case:Hussain shaikh employed 7 workers,less than the usual workers but the work was done on time and output was same

  • In the given case,it has been stated that less number of workers were hired thatn the usual by Hussain shaikh and still the output came out to be the same.
  • This kind of scenario points towards the presence of a concept in Economics called as "Disguised Unemployment".

  • Disguised Unemployment is a situation in which more number of workers or employees are hired to do a work which can be done with a lesser amount of work force.
  • For example,A landlord hires 10 farmers to work in his field and harvest wheat.The 10 farmers work and harvest the whole field.Now,if the landlord had hired only 7 farmers to harvest the field,the same work would have been done in the same amount of time and would have costed lesser than paying wages to 10 farmers.
  • Those 3 farmers didn't contribute in the workforce and thus,were disguised unemployed.
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