Which of the Following Nets the Largest Productivity Improvement

question 95

Multiple Choice

Which of the following nets the largest productivity improvement?

• A) increase output 15%
• B) decrease input 15%
• C) increase both output and input by 5%
• D) increase output 10%, decrease input 3%
• E) decrease input 10%, increase output 3%

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Definitions:

Insurance Contracts

Agreements between an insurance company and the insured, where the company agrees to compensate for specific losses in exchange for a premium.

Insurer

An entity that provides insurance coverage to individuals or organizations against financial loss.

Insured

A person or entity covered under an insurance policy, receiving financial protection against losses.

Beneficiary

A person or entity entitled to receive benefits or funds from a will, insurance policy, trust, or other financial instrument.