Which of the following statements is true? a. The lower the partial productivity ratio, the greater the
Question:
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 inputs.
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Productivity Productivity is the ratio of what is produced as output to what is required in terms of ...View the full answer
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