Productivity is defined as the
A)amount of goods and services produced from each unit of labour input.
B)number of workers required to produce a given amount of goods and services.
C)amount of labour that can be saved by replacing workers with machines.
D)actual amount of effort workers put into an hour of working time.

Question

Quizplus · Accepted Answer

Productivity is a measure of efficiency and is defined as the amount of goods and services produced from each unit of labour input. This means that the focus is on the output per worker or per hour of work rather than the number of workers or the amount of effort put in.

Productivity Is Defined as the