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.
Question
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.
Solution
Productivity is best measured as D) output per hour of work. This is because productivity is typically defined as the amount of output produced per unit of input. In this case, the input is the amount of work (in hours) and the output is the product or service produced. Therefore, measuring productivity as output per hour of work allows us to see how efficiently time (as a resource) is being used to produce output.
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