Productivity can improve in which of the following ways?
A) Output expands with an increase in inputs
B) Inputs are reduced with a decrease in outputs
C) Output increases with a decrease in inputs
D) New technology increases the labor hours per output

Question

Quizplus · Accepted Answer

Productivity improves when output increases with a decrease in inputs, as it means more is being produced with less, indicating greater efficiency.

Productivity Can Improve in Which of the Following Ways