PRODUCTIVITY Definition

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PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

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EX-DIVIDEND DATE is the first date a stock trades without dividend, usually four business days before the record date.

FIXED OVERHEAD is those costs like rent, utilities, basic telephone, loan payments, etc., that stay the same whether sales go up or down. Variable overhead, on the other hand, are those costs which vary directly with production.

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