Does increase in production always indicates increase in productivity
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the amount of output produced that cannot be attributed to labour or capital input. ... an increase in multifactor productivity means that improved production techniques, for example, have led to an increase in output in comparison to the previous year while still using the same amount of inputs.
The word productivity usually denotes the ratio of economic output to any or all associated inputs (in real terms), or output per unit of productive input. Increases in productivity mean that the amount of goods and services available per capita is growing, assuming a constant population.
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the amount of output produced that cannot be attributed to labour or capital input. ... an increase in multifactor productivity means that improved production techniques, for example, have led to an increase in output in comparison to the previous year while still using the same amount of inputs.
The word productivity usually denotes the ratio of economic output to any or all associated inputs (in real terms), or output per unit of productive input. Increases in productivity mean that the amount of goods and services available per capita is growing, assuming a constant population.
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Explanation:
In order to increase productivity, each worker must be able to produce more output. This is referred to as labor productivity growth. The only way for this to occur is through an in increase in the capital utilized in the production process.
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