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What Is Meant by the Term 'A Rise in Productivity

Question 16

Multiple Choice

What is meant by the term 'a rise in productivity'?


A) An increase in business profits
B) An increase in a firm's output greater proportionally than a corresponding increase in its inputs
C) An increase in the amount that a business produces
D) An increase in a firm's use of resources which leads to an increase in its outputs

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