The same amount of outputs produced with less inputs is a(n):
A) increase in production with no change in productivity.
B) increase in productivity.
C) decrease in production with no change in productivity.
D) decrease in productivity.

Question

Quizplus · Accepted Answer

When the same amount of outputs produced with less inputs, it implies that the efficiency of the production process has increased. Thus, there is an increase in productivity.

The Same Amount of Outputs Produced with Less Inputs Is