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In GCSE Business Studies, output refers to the total amount produced by a business, often referred to simply as "output." Productivity measures efficiency, indicating how much is produced within a specific timeframe. For example, if you have 10 workers, each producing 1 unit per hour, your total output is 10 units per hour. Enhancing productivity involves increasing the output without necessarily increasing the input, leading to better efficiency and profitability for the business. Understanding these concepts is crucial for analyzing production processes.
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