The ratio of inputs used to produce outputs is called ______.
A) efficiency
B) effectiveness
C) productivity
D) quality

Name: The ratio of inputs used to produce outputs is called ______. A) efficiency B) effectiveness C) productivity D) quality
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Question

Quizplus · Accepted Answer

Productivity is the term used to describe the ratio of inputs used to produce outputs in any production process. It measures how efficiently production inputs, such as labor and capital, are being used to produce a given level of output.

The Ratio of Inputs Used to Produce Outputs Is Called