Ask Question
BusinessBusiness
9 January, 07:32

If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?

Multiple Choice

1. Choice A

2. Choice B

3. Choice C

4. Choice A and B above

5. Choice B and C above

+2
Answers (1)
  1. 9 January, 07:46
    0
    Options Include:

    A. Partial measure is Correct

    B. Multifactor measure

    D. A and B above

    Explanation:

    A partial measure of productivity refers to one single input output.

    Total productivity factor (or TFP) refers an output index to a composite index of all of the inputs. The TFP takes into consideration all aspects of productivity.

    The measures of productivity are sometimes used to evaluate the economic performance of a nation.

    A partial measure of productivity refers to a single input; which includes efficiency of workers (production for every hour worked), productivity of capital (output for every unit of capital), and productivity of energy (output for every unit of energy used).
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
There are many buyers who value high-quality used cars at the full-information market price of p1 and lemons at p2.
Answers (1)
Which source would be most useful for an editor trying to persuade readers to participate in a new city-wide recycling program?
Answers (2)
What is a third party? a. A political party that includes both major political parties b. A political party that discourages political participation c. A political party that opposes the two major political parties d.
Answers (1)
Blossom Clinic purchases land for $450000 cash. The clinic assumes $4000 in property taxes due on the land. The title and attorney fees totaled $3200. The clinic had the land graded for $6100.
Answers (1)
Which of the following would not affect labor supply? Select the correct answer below: immigration laws government programs that provide childcare to working mothers an increase in wage long-term unemployment benefits
Answers (1)
New Questions in Business
Jase Manufacturing Co.'s static budget at 7,800 units of production includes $39,000 for direct labor and $2,340 for electric power. Total fixed costs are $39,700.
Answers (1)
Why is it important for organizations and their managers to pay close attention to fair employment practices?
Answers (2)
Which of the elements of this scenario represent a flow from a household to a firm? this could be a flow of dollars, inputs, or outputs. check all that apply.
Answers (1)
Bob has the responsibility for product development, pricing, promotion, and distribution of Hi-Vee Vitamins for children. Bob's job would not involve:
Answers (1)
Which one of the following correctly describes the dividend yield? Multiple Choice Next year's annual dividend divided by today's stock price This year's annual dividend divided by today's stock price This year's annual dividend divided by next
Answers (1)
Home » Business » If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to
Sign Up Forgot Password?