Productivity Can Be Improved By

question 46

Multiple Choice

Productivity can be improved by:

• A) increasing inputs while holding outputs steady.
• B) decreasing outputs while holding inputs steady.
• C) increasing inputs and outputs in the same proportion.
• D) decreasing inputs while holding outputs steady.
• E) none of the above.

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Definitions:

Initial Value

The starting monetary or numerical value of an asset or investment before any gains, losses, or other changes.

Percent Change

A measure that denotes the degree of change over time, calculated by subtracting the original value from the new value, then dividing by the original value and multiplying by 100 to get a percentage.

Percent More

A relative increase from one value to another expressed as a percentage.

Initial Value

The starting value of a financial variable before any changes, such as interest or depreciation, are applied.