Question

Productivity equals to _____.

a. goods and services produced, divided by labor, capital, energy, and materials.
b. energy and materials, divided by labor and capital.
c. goods and services and energy and materials, divided by labor and capital produced.
d. labor, capital, energy, and materials, divided by goods and services produced.
e. labor, energy, and capital, divided by goods, services, and materials.

Answer 1

Answer:

The correct answer is A

Explanation:

Productivity is the measure which evaluate the efficiency of a  factory, person, system, machine by converting the inputs into useful or productive outputs.

Productivity is computed or determined through dividing the average output per year (goods and services) with the aggregate costs incurred or the resources that is capital, energy, material consumed or used in that year.