What Is Meant by the Term 'A Rise in Productivity

question 16

Multiple Choice

What is meant by the term 'a rise in productivity'?

• A) An increase in business profits
• B) An increase in a firm's output greater proportionally than a corresponding increase in its inputs
• C) An increase in the amount that a business produces
• D) An increase in a firm's use of resources which leads to an increase in its outputs

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Definitions:

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