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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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