Question

When the amount of output produced by a given amount of inputs increases, the MOST LIKELY result is A) overall productivity rises. B) economic interdependence rises. C) consumer spending on productive resources increases. D) business spending on productive resources increases.

Answer 1

Answer: A

Explanation:

Overall productivity rises

Answer 2

Answer: A) overall productivity rises.

Productivity refers to the measure of efficiency in production. It is a crucial factor in measuring the performance of firms and nations.

Productivity is expressed as the ratio of output to input in a production process (output per unit of input). This means that if the amount of output that is produced increases while the input is maintained at the same level, the overall productivity increases as well.