Question: Question 1: (2 marks) It is known that productivity is equal to the actual output over the actual input. What do we mean by inputs

Question 1: (2 marks) It is known that productivity is equal to the actual output over the actual input. What do we mean by inputs and outputs? How can productivity be improved? From your experience, give a real example that supports your claim. (Hint: how does changing the input or output affect productivity?)

It is known that productivity is equal to the actual output over the actual input. What do we mean by inputs and outputs? How can productivity be improved? From your experience, give a real example that supports your claim. (Hint: how does changing the input or output affect productivity?)

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