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Question
question 7 (multiple choice worth 5 points) (lc) what can a business do to improve its productivity? lower salaries reduce its workforce sell assets invest in capital
Brief Explanations
- Lowering salaries may demotivate employees, reducing productivity.
- Reducing the workforce can lead to over - burdening remaining staff and loss of skills.
- Selling assets may limit production capacity.
- Investing in capital (e.g., new technology, better machinery) can enhance efficiency and output per worker, thus improving productivity.
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Invest in capital.