Assume you are in the business of producing and selling T-shirts.If you could produce more T-shirts with the same input what would happen to your productivity and profits assuming the price of your T-shirts remains the same?
A) Increase in productivity,decrease in profits
B) Increase in productivity,increase in profits
C) Decrease in productivity,decrease in profits
D) Decrease in productivity,increase in profits

Question

Quizplus · Accepted Answer

If you could produce more T-shirts with the same input and the price of your T-shirts remains the same productivity would increase and profits would increase.

Assume You Are in the Business of Producing and Selling