D all above
NO. The labor productivity will rise together with total output. Vice versa
Business companies often measure productivity by the output produced during a specified time period. Efficiency, on the hand, relates to the quality of work in creating output with less waste and using fewer resources.
Increase in capital per worker does increase real wages. The higher the productivity, the higher the standards of living.
Resource markets will set incomes based on workers' contributions to the output of scarce goods and services
Productivity
production or productivity
Output is total output. Productivity is out per man-year.
productivity=output quantity/input quantity
NO. The labor productivity will rise together with total output. Vice versa
Business companies often measure productivity by the output produced during a specified time period. Efficiency, on the hand, relates to the quality of work in creating output with less waste and using fewer resources.
Increase in capital per worker does increase real wages. The higher the productivity, the higher the standards of living.
Productivity can be defined as the ratio of financial output in a particular interval of time to the financial input in the same time interval.Total productivity = Output quantity / Input quantity
Productivity is defined as the output done, in a given unit of time.
Resource markets will set incomes based on workers' contributions to the output of scarce goods and services
Productivity
Partial measures output/(single input)Multi-factor measures output/(multiple inputs)Total measure output/ (total inputs)Productivity =(Outputs/inputs)
Yes.