Which scenario describes the highest level of productivity? A. Producing 25 shoes using resources that cost $50
B. Producing 50 shoes using resources that cost $25
C. Producing 50 shoes using resource that cost $50
D. Producing 100 shoes using resources that cost $100

B. Producing 50 shoes using resources that cost $25

Explanation:

Productivity is described as a measure of efficiency. An increase in efficiency results in an increase in productivity.  Productivity is the efficient use of resources. It is the ability to give more output using fewer resources.

An increase in productivity is an increase in production using proportionate fewer resources. In this case, producing 50 shoes with resources of $25 is the most efficient way of using resources from the list produced.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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