Increased labor productivity allows producers to make goods more quickly.
A true
B false
A true
A true.
The answer is A) true.
Labor productivity refers to the amount of output that can be produced per unit of labor input. When labor productivity increases, it means that more goods or services can be produced within a given period of time. This can be achieved by various means, such as improving technology, enhancing worker skills, or optimizing production processes.
With increased labor productivity, producers are able to make goods more quickly. This is because they can produce a greater quantity of goods using the same amount of labor or produce the same quantity of goods using less labor. This efficiency allows producers to meet consumer demand more effectively and potentially increase their profits.