Asked by Patrick Pedersen on Jun 11, 2024

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Productivity can be improved by

A) increasing inputs while holding outputs steady.
B) decreasing outputs while holding inputs steady.
C) increasing inputs and outputs in the same proportion.
D) decreasing inputs while holding outputs steady.
E) there is no way to improve productivity.

Increasing Inputs

Refers to a situation in production or economics where there is a rise in the resources used to produce goods or services.

Holding Outputs

The act of retaining finished goods or services before they are sold or delivered to the next stage of the supply chain or to customers.

  • Understand the concept of productivity and how it can be improved.
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SJ
Stacy JonesJun 17, 2024
Final Answer :
D
Explanation :
Decreasing inputs while holding outputs steady is the most efficient and effective way to improve productivity. This can be achieved through process improvements, automation, better training, and other means that eliminate waste and improve efficiency. Increasing inputs or outputs may increase productivity, but it can also increase costs and may not necessarily lead to an improvement in overall efficiency. Decreasing outputs while holding inputs steady, or increasing inputs and outputs in the same proportion, do not necessarily improve productivity as they do not focus on eliminating waste or improving efficiency.