What is the impact on productivity been?
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Heyy mate here is your answer....
But, when there is productivity growth, even the existing commitment of resources generates more output and income. Income generated per unit of input increases. Additional resources are also attracted into production and can be profitably employed.
Hope it helps you.......!☺️☺️
But, when there is productivity growth, even the existing commitment of resources generates more output and income. Income generated per unit of input increases. Additional resources are also attracted into production and can be profitably employed.
Hope it helps you.......!☺️☺️
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