Which of the Following Statements About Productivity Measures Is True

question 70

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:

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American Troops

Individuals serving in the United States Armed Forces, which encompasses the Army, Navy, Marine Corps, Air Force, and Coast Guard.

1955

The year 1955 is notable for several historical events, including the Montgomery Bus Boycott, which marked the beginning of the civil rights movement in the United States.

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The period following World War II in which Japan underwent significant political, economic, and social transformation, led by both Japanese leaders and the Allied occupation.