Answer: The answer is productivity.
A measure of output for any given project, task, or activity is called productivity.
Explanation: Productivity can be defined as measure of output or performance. It measure output per unit of input like capital, labour and other resources. In a corporate firm, productivity is calculated by measuring the number of units produced in respect to employee labor hours. The productivity of a factory can be measured by how long it takes to produce a product. Increase in national productivity can increase the standard of living of the country.
