Question

Explain two reason why productivity may increase

Answer 1

Answer:

Productivity growth is our opportunity to increase output without increasing inputs and incurring these costs. ... With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

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Answer 2

Answer:

Productivity increases when: more output is produced without increasing the input. the same output is produced with less input.

Explanation:

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