Productivity | Economics Discussion

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Productivity: Meaning, Concept, Formulas, Techniques, Measurement and Advantages

Productivity refers to the physical relationship between the quantity produced (output) and the quantity of resources used in the course of production (input). "It is the ratio between the output of goods and services and the input of resources consumed in the process of production." Productivity is the ratio between output of wealth and input of resources used in production [...]

By Shital M|2019-12-21T10:02:13+05:30December 21, 2019|Management|Comments Off

Productivity: Concept, Changes and Index Number

In this article we will discuss about Productivity:- 1. Concept of Productivity 2. Changes in Productivity 3. Measurement 4. Productivity Index Numbers 5. Labour 6. Materials 7. Capital 8. Management Resources. Contents: Concept of Productivity Changes in Productivity Measurement of Total Productivity Productivity Index Numbers Productivity of Labour Productivity of Materials Productivity of Capital Productivity of Management Resources 1. Concept [...]

By Samia Rekhi|2016-05-16T07:50:00+05:30May 16, 2016|Microeconomics|Comments Off