Answered

A company's productivity is a measure of:

A. its efficiency in producing a good or service.
B. its history of developing high-quality products.
C. the amount of capital investment it requires.
D. the total cost for running the business.



Answer :

GinnyAnswer

Final answer:

Productivity is the efficiency of transforming resources into goods, aiming to elevate living standards and enhance economic growth.


Explanation:

Productivity is the measure of efficiency in which a company can transform resources into goods, leading to greater output with the same input. It can elevate living standards by reducing required monetary investment in various necessities. Economies aim to improve productivity to enhance economic growth and standards of living.


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