One of the fundamental ways in which companies can try directly to increase productivity is by:
A)increasing the amount of input required to produce a given output
B)selling smaller quantities of goods to decrease capacity
C)decreasing the value of the output produced by a given amount of input
D)consolidating operations to better leverage economies of scale

Question

Quizplus · Accepted Answer

Consolidating operations to better leverage economies of scale can lead to increased efficiency and productivity. By consolidating operations, companies can eliminate redundancies and streamline processes, leading to cost savings and increased output. Additionally, economies of scale allow companies to purchase materials and resources at lower costs due to higher quantities purchased, further increasing productivity.

One of the Fundamental Ways in Which Companies Can Try