In Comparison to a Baseline,productivity Is Higher If ______

question 68

Multiple Choice

In comparison to a baseline,productivity is higher if ______.

• A)for given input,output is higher
• B)for given output,input is higher
• C)the cost of production increases with volume of production
• D)there is increase in demand with increase in volume of production

---

Definitions:

S&P/TSX Composite Index

A stock market index in Canada that measures the performance of the largest companies on the Toronto Stock Exchange (TSX).

Trade Discount

A reduction in the retail price of goods or services offered by sellers to buyers in the same trade or industry, typically based on volume or trade status.

Personal Computers

Stand-alone computers designed for individual use, capable of running general-purpose applications and accessing the internet.

Retailer

An entity that buys goods in large quantities from manufacturers or distributors and sells them to consumers in smaller quantities.