A measure of output per unit of input, such as labor, is called ______.
Answer (3)
The answer is productivity . The quotient output per unit of input is a ratio that measures efficiency of a system. Both output and input must be expressed as economical values. Then the ration is the division of two economical values the dividend is the value of the ouputs and the divisor is the value of the inputs.
the answer is "average prodcue". ;
The term for the measure of output per unit of input, such as labor, is productivity. It represents how effectively resources are used to generate goods or services and can be expressed mathematically as the total output divided by total input. Improving productivity is essential for economic growth and efficiency in production processes.
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