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Question
The productive efficiency of labour and capital increases with the use of __________.
The productive efficiency of labour and capital increases with the use of __________.
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Solution
The correct option is B technology
The productive efficiency of labour and capital increases with the use of technology as it refers to the technical way of doing something in a more efficient and easy manner with discovery of some new techniques which increases the efficiency in production when mixed with other factors of production.
The productive efficiency of labour and capital increases with the use of technology as it refers to the technical way of doing something in a more efficient and easy manner with discovery of some new techniques which increases the efficiency in production when mixed with other factors of production.
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