Which of the Following Is a Total Factor Productivity Measure

question 115

Multiple Choice

Which of the following is a total factor productivity measure?

• A) Tons output/tons of material used.
• B) Units produced/machine hour.
• C) Sales value/total cost.
• D) Gallons output/direct labor hour.

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Definitions:

Facilitative Assistance

Support provided to individuals or groups to make tasks easier, often through the provision of resources, guidance, or enabling conditions.

Tax-Supported Education

Education that is funded through public taxes, providing free or low-cost learning opportunities to individuals within the community.

Publicly Funded

Financed by the government through tax-payer money, often used in the context of educational and healthcare institutions, as well as infrastructure projects.

Democracy

A form of government where power is held by the people, either directly or through elected representatives.