Productivity is defined as the:
A) Amount of goods and services produced from each unit of labour input.
B) Number of workers required producing 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 the amount of goods and services produced from each unit of labour input. It measures the efficiency of a company or economy in producing output with the given resources.

Productivity Is Defined as The