Productivity in the service sector is difficult to measure because new technology adds to quality of services provided.
<h3>What is productivity?</h3>
Productivity is defined as the efficient way of producing goods and services. Productivity occurs when the input to a system matches the output.
When technology is added to productivity, the service sector finds it difficult to measure due to the quality of the services provided
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Answer:
Hahahahahahahha is it that much difficult
The marginal revenue curve of an oligopolist begins to decline after 500 units of output. Which type of oligopoly does Sweezy's company most likely operate under?
A market system known as an oligopoly occurs when a small number of important sellers or manufacturers dominate a market or an industry (from the Greek words oligos, "few," and v, polein, "to sell"). The result of corporate cooperation to boost profits is typically oligopoly. Numerous industries have been identified as being oligopolistic, including commercial aviation, power providers, telecommunications companies, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacture, and auto manufacturing. Because of the decreased competition, consumer prices would increase and labour earnings will decrease.
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The most likely answer is option D
