1. Productivity

2. Calculating productivity Total output Total input Chocolate wave factory has 3000 waves 10 workers 300 waves per worker

3. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 10

4. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,000

5. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,000

6. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,000300

7. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33

8. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 10

9. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,000

10. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,000

11. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,000600

12. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67

13. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67 10

14. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67 1010,000

15. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67 1010,000

16. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67 1010,000 1,000

17. Productivity reduces costs of production Total workers Total wages Total output ProductivityCost per wave 1010,0003,0003003.33 1010,0006,0006001.67 1010,000 1,0001.00