Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins

Exercise 13

Which of the following statements is true (a) The lower the partial productivity ratio, the greater the productivity, (b) productivity improves when partial productivity increases, (c) prices of inputs are incorporated in the partial operational productivity ratio, (d) the partial productivity ratio measures the number of outputs produced per multiple input, and (e) more than one of the above is true.