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celyna garcia
on Oct 12, 2024

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Productivity is _________ per unit of __________.

A) output;input
B) input;output
C) labor;capital
D) None of these choices are true.

Productivity

A measure of the efficiency of production, often expressed as the ratio of outputs to inputs in a production process.

Per Unit

A measurement specific to one unit of a good or service, indicating cost, price, or quantity related to a single unit.

Output

The total amount of goods or services produced by a company or country.

  • Examine the influence of productivity and the price of final products on resource demand.
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JZ
Joslyn ZhangOct 12, 2024
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