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3.6.3 - Production and productivity

Unit 3.6.3 - Production and productivityThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the difference between, and influences on, production and productivity.In economics, production refers to the volume of output of goods and services during a given time period. Production can be increased by using more factor inputs and/or by increasing the productivity of existing factors...

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