Which of the following is unlikely to be a source of increasing productivity?
A)substitution toward labour and away from capital (with constant technology)
B)better raw materials even if there are no changes in factor quantities or proportions
C)better- trained labour
D)increases in technological know- how
E)better organization of production

Question

Quizplus · Accepted Answer

Substitution toward labor and away from capital with constant technology is unlikely to increase productivity. This is because labor is generally less productive than capital, so substituting more labor for capital would lead to a decrease in productivity.

Which of the Following Is Unlikely to Be a Source