COST MGT:STRAT.EMP(LL)W/CONNECT ACCESS
COST MGT:STRAT.EMP(LL)W/CONNECT ACCESS
8th Edition
ISBN: 9781260842692
Author: BLOCHER
Publisher: MCG
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Chapter 16, Problem 1Q
To determine

Define the productivity and explain what it measures.

Expert Solution & Answer
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Explanation of Solution

Productivity is a ratio of output to input.

Productivity is a measure of the amount of output manufactured per unit or per dollar of input.

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