Which of the following best defines productivity?
A)Productivity is the ability of a company to generate profit.
B)Productivity is the quantity of goods and services that a nation can produce in a year.
C)Productivity is the quantity of goods or services that a worker can produce in one hour.
D)Productivity is the ability of a company to produce goods and services.

Question

Quizplus · Accepted Answer

Productivity is typically measured as the amount of output (goods or services) that a worker produces in a given amount of time, such as one hour. This measurement helps companies and nations understand how efficiently they are using their resources and how they can improve their output. Therefore, the most accurate definition of productivity is "the quantity of goods or services that a worker can produce in one hour."

Which of the Following Best Defines Productivity