What is meant by productivity
Answers
Answer:
hey mate right answer is here.
Explanation:
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs. Productivity is computed by dividing average output per period by the total costs incurred or resources (capital, energy, material, personnel) consumed in that period.For example, if a worker produces in an hour an output of 2 units, whose price is 10$ each, then his productivity is 20$.
Answer:
Hey dude....
A measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs. Productivity is computed by dividing average output per period by the total costs incurred or resources (capital, energy, material, personnel) consumed in that period.
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