RELATIONSHIP of WEEKLY WAGE RATE, HOURS WORKED PER
WEEK, AND UNIT PRIME COST
230C
250
INDEX NUMBER (1914 = 100)
EEKL' WAGE RATE
20(
=
su
£9
15¢
INIT PRIME COS
OC
RB (
A
1914
YOURS PER WEE
1919 1920 192 1922 (923 1924 1925 1926
CHART 17.—While the weekly wage rate increased from 1921-1928, unit prime cost diminished, due to
the more economical use of materials and labor and increased efficiency in output.