Which one of the following is defined as the effectiveness of productive efforts as measured in terms of the rate of output per unit input?Group of answer choicesa) Maximising profitsb) Efficiencyc) Performance measurementd) Productivity

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.

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

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.

In general, efficiency is defined asGroup of answer choicesoutput divided by input.input divided by output.output multiplied by input.output minus input.