Solved

Which of the Following Would Result in an Increase in Total

Question 145

Multiple Choice

Which of the following would result in an increase in total factor productivity, assuming all other variables are held constant?


A) The quantity of outputs increases.
B) The company uses more total inputs.
C) The company uses lower quality inputs.
D) Current technology becomes obsolete.
E) Quantity of inputs increases and costs of inputs stays the same.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions