If Inputs Increase by 10% and Outputs Increase by 4

question 10

Multiple Choice

If inputs increase by 10% and outputs increase by 4%, what is the percentage productivity increase?

• A) 5.45%
• B) 250.00%
• C) - 5.45%
• D) 5.77%
• E) - 5.77%

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Definitions:

Departments

Departments refer to distinct segments within an organization, each with specific responsibilities and roles, meant to streamline operations and improve efficiency.

Expenses

Costs incurred by a business in the process of earning revenue.

Indirect Costs

Costs that are not directly traceable to a specific product or service but are necessary for the operation of a business, such as overhead expenses.

Apportion

To divide and allocate proportions or shares of a total amount among different entities based on a set criteria or formula.