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Productivity

Unit 5.6 - Productivity (AO2, AO4)This section of the syllabus requires students to understand the following 4 aspects of productivity: (i) labour productivity, (ii) capital productivity, (iii) the productivity rate, and (iv) operating leverage (AO2, AO4). In general terms, productivity refers to how well productive resources are used to generate the output of goods and services.Labour productivity (AO2, AO4)

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