Which of the Following Statements Is True of Multifactor Productivity

question 104

Multiple Choice

Which of the following statements is true of multifactor productivity?

• A) It indicates a company's overall level of productivity relative to its competitors.
• B) It assesses how efficiently companies use only one input, such as labor, when creating outputs.
• C) It indicates the role of environmental factors in the production of a company's goods.
• D) It helps managers in analyzing the contributions of individual components that determine productivity.

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