Which of the following is unlikely to be a source of increasing productivity?
A)better raw materials even if there are no changes in factor quantities or proportions
B)better organization of production
C)substitution toward labour and away from capital (with constant technology)
D)better-trained labour
E)increases in technological know-how

Question

Quizplus · Accepted Answer

Substitution towards labor and away from capital with constant technology is unlikely to increase productivity because capital is often used to increase productivity and efficiency. Therefore, reducing the use of capital could decrease productivity rather than increasing it.

Which of the Following Is Unlikely to Be a Source