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10 cards from this deck
Maximum production level a business can achieve at full output
% of production potential actually being used
(Actual output / Max output) × 100
Average output per worker in a time period
Output per time period / Number of employees
Cost of producing one single unit of output
Total cost / Units of output
Unit costs fall (fixed costs spread over more units)
Labour productivity rises (same workers, more output)
Productivity increases (each worker produces more)
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