Productivity is defined as the
A)amount of goods and services produced from each unit of labor input.
B)number of workers required to produce a given amount of goods and services.
C)amount of labor 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 defined as the amount of goods and services produced from each unit of labor input, which measures how efficiently labor input is converted into output.

Productivity Is Defined as the