Question

You overhear a classmate making the claim that productivity:

a) Increases with reduced efficiency
b) Is unaffected by time management
c) Can be influenced by various factors
d) Is solely dependent on individual effort

Answer 1

Productivity is influenced by various factors, including technology, economies of scale, and human capital. Option c is correct.

Step-by-step explanation:

Productivity can indeed be influenced by various factors beyond just the amount produced per hour of work. Other measures of productivity include improvements in technology or resources, which can allow for more to be produced with the same or less input.

For example, using a calculator for math homework or a computer for typing English essays can increase the productivity of student work. Similarly, economies of scale can affect productivity, as larger operations may have cost advantages that increase production efficiency. Furthermore, the Hawthorne effect suggests that social factors and the feeling of being observed can also play a role in improving worker productivity.

Therefore, productivity is not solely the result of individual effort but can be significantly impacted by the way resources are managed, including time, technological aids, and the scale of production. Investments in human capital, such as education and skills training, also contribute significantly to productivity by creating a proficient and motivated workforce.

Option c is correct.