Which of the Following Statements About Productivity Measures Is TRUE

question 110

Multiple Choice

Which of the following statements about productivity measures is TRUE?

• A)They may only be stated in terms of dollars.
• B)Total factor productivity explicitly considers gains from using fewer inputs, not from substituting inputs.
• C)Partial productivity measures allow managers to evaluate the effect of input substitutions on overall productivity.
• D)It is important to use the results as a starting point for analysis.
• E)The productivity measure may not be made for companies with multiple products.

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Definitions:

Mechanoreceptors

Sensory receptors in the body that respond to mechanical pressure or distortion, including touch, pressure, vibration, and sound.

Photoreceptors

Specialized cells located in the retina of the eye that are sensitive to light and enable vision.

Glutamate

An important neurotransmitter in the brain that plays a key role in learning and memory, also serving as a flavor enhancer in food.

Umami

One of the five basic tastes, often described as savory or meaty, associated with flavors of broth, cheese, and soy sauce.