_________ is output per hour in the business sector.
- A. Net exports
- B. Productivity
- C. Investment
- D. GDP per capita
0%
4 replies
jennyfromtheblock
over 6 years ago
Business sector quantify things for computations and better understandings of output. Productivity is defined as the average output per unit input in per unit time. The productivity also points out the efficiency of machines and labor in system as well. If a machine produces 10 units in an hour and each unit selling cost is $2, then its productivity would be $20. More about productivity in lecture notes.
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