Skip to main content
A

Anonymous

Nov 05, 2024

Explain how productivity relates to market growth

Could you explain the relationship between productivity and market growth? Specifically, how does an increase in productivity influence the expansion of markets, and what are the potential implications for businesses and the economy as a whole?

0
Save

2 Answers

A
Anonymous

Feb 17, 2025

Explanation: If an economy can raise the rate of growth of productivity then the trend growth of national output can pick up.
0
J
Joe Hermiston

Jan 13, 2025

The productivity is the power of create using resource in aa efficient way. the most you produce the less you have to sell, the less you produce  demand goes down. The market growt is directly related to the productivity because the massive production of a good produces a decrease in price which creates issues in the economy, there are two ways to prevent this; one, increase the ammount of buyers or the existing buyers to buy more goods. when there is population growth the incomings are highers so with this the productivty reflects this growing directly on the market. In the way the population is growing, the market is being expanded, I.E. the online market is growing because the tech users is increasing at the same time.
0

Want to answer this question?

Join our community to share your knowledge!

Log in Sign up

Categories

Business Management Banking

Tags

Productivity Market Growth

Related Questions

8
CSS stands for Cybernet Slash Support or Cybernet Software Systems ?

What does CSS stand for: Cybernet Slash Support or Cybernet Software Systems? I came across a company located in T. Naga...

8
Does Wells Fargo Bank open on Sundays?

Does Wells Fargo Bank open on Sundays in Bakersfield, California, specifically at the intersection of White Lane and Gos...

1
Present and future values for different interest rates find the following values. compounding/discounting occurs annually. round your

Please find below the present and future values for different interest rates. Compounding and discounting occur annually...

5
What is a bank account nickname?

I’m trying to make my car payment online, and it’s asking for a bank account nickname. What does that mean, and what sho...

3
Why do all shareholders agree on the same goal for the financial​ manager? ?

What is the reason that all shareholders tend to agree on a common goal for the financial manager?

5
Career Explortion Help? (earn 10points best answer) – help soon. thx you! :?

According to the United States Business Administration, which section is considered the most crucial part of a strategi...

4
Promotional expenditures at the introduction stage of the product life cycle are best spent on A) to maintain brand loyalty or static

Promotional expenditures during the introduction stage of the product life cycle are best allocated to: A) maintaining b...

3
Presented below are selected account balances for Homer Winslow Co as of December 31, 2014. Instructions: Prepare closing entries

Presented below are selected account balances for Homer Winslow Co. as of December 31, 2014. Instructions: Prepare the...

3
On December 31, Fighting Okra Cooking Services reports the following revenues and expenses.

On December 31, Fighting Okra Cooking Services reported the following revenues and expenses.

4
Me very urgent before you decide whether to use the cost plus model, it’s important to thoroughly research a. profit margins in neighboring

Before deciding whether to use the cost-plus model, it is crucial to thoroughly research the following factors: a. profi...