Which of the following is correct with regard to industry productivity?
A)Productivity does not vary much across different industries.
B)Productivity is not important to labour unions when they are negotiating a new collective agreement,but it is important to investors.
C)Activities like social networking,and water cooler conversations reduce productivity.
D)Increased productivity allows companies to pay workers higher wages without raising prices to consumers.
E)All of these statements are correct.

Question

Quizplus · Accepted Answer

Increased productivity can lead to higher wages for workers without increasing consumer prices, as it allows companies to produce more efficiently.

Which of the Following Is Correct with Regard to Industry