If inputs decrease while output remains constant, what will happen to productivity?

Related MCQs

• ………..refers to the transformation of the state of input in to output.
• ……………is measure of the quantity of output per unit of input.
• ………………is a measure the actual level of output for a process or activity over a period of time.
• ……………………………is the highest reasonable output rate which can be achieved with the current product specifications, product mix, work force, plant and equipment.
• …………is the level of output volume for which total cost equals total revenues
• ……………is a graphical and algebraic representation of the relationships among volume of output, cost, and revenues.