Technical improvements in productivity can be achieved by:
A)using less inputs and producing less output.
B)producing more outputs using relatively more inputs.
C)producing more outputs using the same inputs.
D)using more inputs and producing the same output.

Question

Quizplus · Accepted Answer

The best choice is C because it involves producing more outputs using the same inputs, which maximizes productivity. A involves reducing productivity, B involves using relatively more inputs which may not be cost-effective, and D involves using more inputs which may not be necessary and could increase costs.

Technical Improvements in Productivity Can Be Achieved By