Question

If inputs increase by 15% and outputs increase by 15%, what is the percentage change in productivity?

Answer 1

Answer:

0%

Explanation:

If input increase by 15% and output increase by 15% then the equation for productivity will be

Input = 100% + 15% = 115%

Output = 100% + 15% = 115%

$productivety =\frac{Outpu t }{Inpu t}$

$productivety=\frac{1.15}{1.15}$

$productivty = 1$

Percentage change = 1-1

Percentage change = 0%

If both Output and input is increased by the same amount the results will be the same