An Increase in Output Will Result in What Type of Change

question 57

Multiple Choice

An increase in output will result in what type of change to productivity?

• A) Increase
• B) Decrease
• C) Productivity will be unchanged
• D) Depends on changes in input

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Definitions:

Accounts Receivable

Funds that customers owe a business for products or services already delivered or utilized but not yet paid for.

Raw Materials

Fundamental substances or components used in the initial stages of the manufacturing process to produce goods.

Cash Disbursements

The payment of cash by a business for expenses, purchases, or obligations.

Sales

The total amount of revenue generated from selling goods or services over a given period.