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Productivity Vs Production

Authored by Vijitha Kakkoth

Business

10th Grade

Used 2+ times

Productivity Vs Production
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Productivity means

It measures the amount of output that can be produced from a given amount of input over a period of time. Or Output per worker/factor for per hour/time period.

Output per worker/factor

None

amount of output that can be produced

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Production means

Inputs produced

The transformation of raw materials (input) to finished or semi-finished goods and services (output).

Output produced

None

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Plant means

Land

Capital and Land

A workplace includes premises such as a warehouse, retail outlet, office or factory.

Labour

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Diversification means

One product being produced

Input

Producing a range of products in case demand for any one of them falls.

Output

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increase in productivity means

Economies of scale

More output produced

Increase in output

When more output or revenue is produced from the same amount of resources or the same output or revenue is produced using fewer resources

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