0
What else can I help you with?
How does the assembly line benefit the economy?
helped meet supply and demeand faster It increases productivity
What happens to productivity as rainfall increases?
Productivity decreases as rainfall increases. Marine life tend to be more productive when there is less rainfall in their ecosystem.
Why does Division of labor increases productivity?
specialization
How does productivity lead to a sudden change in economic output. Explain?
Productivity increases can lead to a sudden change in economic output by allowing businesses to produce more goods or services with the same or fewer resources. This efficiency often results from technological advancements, better management practices, or improved worker skills. As productivity rises, companies can lower prices, increase profits, and reinvest in growth, stimulating demand and overall economic activity. Consequently, a surge in productivity can lead to rapid economic expansion, creating a positive feedback loop.
How can improving quality can lead to reduced cost?
Improving quality, especially in production processes, leads to less rework, scrap and warranty issues. Higher productivity takes place as a result. Increases in quality help firms both increase sales and lower costs. Increases in customer service quality and customer response can lead to increases in sales, etc.
How does the assembly line benefit the economy?
helped meet supply and demeand faster It increases productivity
What happens to productivity as rainfall increases?
Productivity decreases as rainfall increases. Marine life tend to be more productive when there is less rainfall in their ecosystem.
Why does Division of labor increases productivity?
specialization
How does productivity lead to a sudden change in economic output. Explain?
Productivity increases can lead to a sudden change in economic output by allowing businesses to produce more goods or services with the same or fewer resources. This efficiency often results from technological advancements, better management practices, or improved worker skills. As productivity rises, companies can lower prices, increase profits, and reinvest in growth, stimulating demand and overall economic activity. Consequently, a surge in productivity can lead to rapid economic expansion, creating a positive feedback loop.
How can improving quality can lead to reduced cost?
Improving quality, especially in production processes, leads to less rework, scrap and warranty issues. Higher productivity takes place as a result. Increases in quality help firms both increase sales and lower costs. Increases in customer service quality and customer response can lead to increases in sales, etc.
Why do many producers specialize?
because specialization increases productivity.
What increases productivity by reducing the wasted motion of workers?
The essembaly line
Employers will hire more units of a resource if?
the productivity of the resource increases
Does Work from home apportunity increases your productivity?
Everything is near you when you are at home.
What are the elements of productivity and how is it increased?
The elements of productivity include: * Physical capital:human made resources such as tools, buildings, machines * Human capital:labour force that possesses skills, education, training * Technology:the technical means for the production of goods and services. It is the most important driver of productivity according to some economists. It involves not only major inventions but thousands of small innovations. Productivity may be increased by increasing the physical capital, human capital or technology. Note that there is a term called Diminishing Returns to Physical Capital- which means successive increases in physical capital lead to smaller increases in productivity.
Provision in a labor contract that ties pay raises to increases in productivity and the cost of living?
escalator clause The escalator clause said that wages would increase based upon increases in productivity and in the cost of living.
Technological improvements lead to?
increased productivity :)
