Machinery’s

• Using an automated machine

  Allows a firm to produce the same amount of output with less input per unit of time
• The Use of Machinery Can Increase Productivity

  1. Machines can be used to complete some of the tasks done by a human workforce

  2. Although the initial cost of the machinery can be high, once it's up and running the use of machines often increases a firm's productivity

  3. Firms may regularly invest in machinery to boost productivity further
• As machinery gets old

  The level of maintenance required to keep it running can increase, which can result in production stoppages and reduce productivity