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2 May, 10:08

What idea measures the amount of goods that can be produced compared to

the amount of resources that are invested in producing them?

A. Productivity

B. Product efficiency

O C. Production

O D. Cost to product ratio

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Answers (1)
  1. 2 May, 13:17
    0
    Answer: The answer is A productivity

    Explanation:

    Productivity is a measure of the relationships between the quantity of goods produced in an organization in comparison with the resources that are needed by such organization in producing such goods. The resources invested in producing the goods by the organization includes money, machines, material, Labour. For instance, the introduction of a new method of production can lead to an increase in the level of productivity of an organization.
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