In which of the following will productivity-decrease?O outputs stay constant and inputs increaseO inputs increase but outputs decreaseO outputs decrease by a lower rate than inputs increaseAll the above except (2).O outputs increase at a faster rate than inputs

The ratio of outputs (goods and services) to the inputs (resources) used for their production is…

Answered: In which of the following will…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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In which of the following will productivity.decrease? O outputs stay constant and inputs increase O inputs increase but outputs decrease O outputs decrease by a lower rate than inputs increase All the above except (2). outputs increase at a faster rate than inputs