Productivity is a measure of
A)Output per unit of input.
B)Output per dollar of input.
C)Input per unit of output.
D)Input per dollar of output.

Question

Quizplus · Accepted Answer

Productivity is commonly defined as output per unit of input. It is a measure of efficiency and effectiveness in producing goods or services. This measure helps businesses to evaluate the performance of their operations and identify areas for improvement. Option B, C, and D are not accurate definitions of productivity.

Productivity Is a Measure of