The level of productivity is important to businesses because

A. the lower it is, the lower the cost of producing goods and services.
B. the higher it is, the lower the cost of producing goods and services.
C. the higher it is, the lower the profits to business owners.
D. the lower it is, the more jobs are created for workers.



Answer :

Final answer:

Productivity is essential for businesses, impacting profitability, efficiency, and job creation, leading to economic growth and better living standards.


Explanation:

Productivity is crucial for businesses as it directly impacts their profitability and efficiency. When productivity is high, businesses can reduce production costs, increase profits, and potentially create more job opportunities. This leads to overall economic growth and improved living standards for consumers, workers, and the economy as a whole.


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