asked 134k views
5 votes
In economics the term productivity refers to

1 Answer

1 vote

Answer:

The amount of output compared to the input needed to create something.

Step-by-step explanation:

Productivity is the quality of being productive or having some power to produce. In economics is a ratio of the quantity and quality of units produced to the labor per unit of time.

In economics the term productivity refers to the amount of output compared to the input needed to create something.

answered
User Morteza Rastgoo
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.