Group 3

Question 1

Productivity+ what does being more productive allow

Answer 1

The output per input over a period of time
Allows for lower wage costs

Question 2

What does being more/ less productive do

Answer 2

More productive-same input but greater output over the same period of time
Less productive-same input but lower output over the same period of time

Question 3

How can productivity being increase

Answer 3

Better machinery or better training