In order to increase the ratio of outputs to inputs, a manager would have to __________.
A) decrease the selling price
B) increase productivity
C) increase the cost of the input
D) hire additional employees
E) use additional materials

Question

Quizplus · Accepted Answer

Increasing productivity would result in more outputs with the same amount of inputs, ultimately increasing the ratio of outputs to inputs. Decreasing the selling price would decrease revenue, leading to a decrease in the ratio of outputs to inputs. Increasing the cost of the input would increase expenses and could potentially decrease the ratio of outputs to inputs. Hiring additional employees or using additional materials would also increase expenses, potentially decreasing the ratio of outputs to inputs.

In Order to Increase the Ratio of Outputs to Inputs