Productivity Activity
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Group Members *
Class Period *
AVERAGE COST PER ACCEPTED BOOK Line 9--Round 1, Round 2, Round 3 *
Separate by comma
1.  Explain your company's productivity ratio on line 10. *
Productivity is the ratio of the amount of output produced to the number of inputs used.
2.  What happened to your productivity between round 1 and round 2?  Round 2 to round 3?  Why did this occur? *
3.  What happened to the quality of the books between Rounds 1 & 3? *
4.  What effect did investing in additional capital goods (pens) in Round 3 have on productivity? *
5.  What effect did increased productivity have on average cost (line 9)?  Why is this important? *
6.  What effect will increased productivity have on WAGES in the long run? *
7.  What costs did the companies incur by attempts to increase productivity? *
8.  What other things could the book companies have done to increase their productivity? *
9.  How did this activity CONNECT to our current unit in class? *
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