What is the definition of productivity?Multiple choice question.Input per outputOutput per unit of inputProduction that is capital intensiveThe absolute quantity of inputs used in production

The amount of output produced per unit of input used is referred to as ______.productivitymarginal costspecializationdivision of labor.

Productivity is defined by the formula of outputs divided by ______ for a specified period of time.Multiple choice question.laborinputsprocessescapital

Productivity is best measured asResponsesA output per person.output per person.B output per unit of capital.output per unit of capital.C output per unit of technology.output per unit of technology.D output per hour of work.

Productivity is a measure of:A.the investment required to get a business started.B.the growth of a business over a defined period.C.the amount of input needed to create a certain output.D.the profits generated by a single economic decision.

Which of the following is a partial measure of productivity?Group of answer choicesOutput/LaborInputs/OutputOutput/(Labor + Capital + Energy)Output/(Labor+Materials)Output/Inputs