Assume you are in the business of producing and selling hamburgers.If you could produce more hamburgers with the same input, what would happen to your productivity and profits assuming the price of your hamburgers remains the same?
A)increase in productivity, decrease in profits
B)increase in productivity, increase in profits
C)decrease in productivity, decrease in profits
D)decrease in productivity, increase in profits

Question

Quizplus · Accepted Answer

If you could produce more hamburgers with the same input and the price of your hamburgers remains the same, productivity would increase and profits would increase.

Assume You Are in the Business of Producing and Selling