it refers to the product per unit of the variable factor.
Mathematically
AP=TP/Q and i have no idea what im talking about! soo lol hahahahahahahahah! idk! dont use wiki answer its not very good! thanks!
Productivity is the act of making something or being busy.
A productivity deal is an agreement between an employer and employee. In this agreement, the employer commits to increase the pay rate with increase in productivity.
1.when tp increases mp decreses. 2.when tp is at his highest point, mp is 0. 3.when tp decreses ,mp becomes negetive. and i have no idea what im talking abouT its dumb they should just give it to guys!
Productivity is usually calculated as the amount of output per employee.Costs for an organization include both personnel costs and non-personnel costs.Increasing productivity would seem to align with lowering costs. But this is not always the case. For example, by automating functions a company can increase productivity but due to the cost of the automation, total costs may go up instead of down. As another example, running an assembly line faster may seem to increase productivity, however increased errors in the products may impose costs in excess of the productivity savings.
technology is all about innovations to get the work done in simpler and faster way.so as the work goes on being completed faster the productivity will itself increase.
Marginal and Average productivity increases when technological innovations are introduced into production process.
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productivity
Productivity
Average and marginal productivity are analytical tools used to measure the output of labor in order to evaluate current production ability and improve future capacity. Average productivity is the total production involved in a process divided by the number of variable unit inputs employed. It is what each employee produces. Marginal productivity is the increase in the rate of output created by adding one more unit of the input while maintaining the same constant inputs.
Productivity is the average amount of produce per unit area.Data on input per unit area,energy consumption,cost per unit area,etc.are used to calculate productivity.
Marginal cost curve cuts average cost (variable or total cost) at its minimum simply to portray the law of variable proportions. The idea is as labor is increased with capital being fixed, productivity increases upto a point and then decreases and later becomes negative. To relate the same productivity with average cost function, the average cost first decreases , reaches a minimum and then increases. Now marginal cost is just a change in the total cost. Logic says that when MC is less than AC productivity is favourable, thus cost is falling. When MC is more than AC productivity is not favourable and thus the rising portion of the cost curve. When MC = AC , the productivity that was reducing the average cost per unit has maximized and from then on starts rising cost(or decreasing productivity). That is the only point where they can intersect.
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Increased labor productivity typically leads to a reduction in average costs for businesses. When workers produce more output per hour, fixed costs are spread over a larger number of units, decreasing the average cost per unit. Additionally, higher productivity can reduce variable costs associated with labor, further contributing to cost savings. Ultimately, this can enhance competitiveness and profitability for firms.
As of 2014, the average installation price per sq ft of fiberglass insulation is $0.76. This is based on labor productivity rates and national average hourly labor wages.
Indiscipline reduces productivity.