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17 May, 05:05

The ratio of all resources to the goods and services produced is referred as A. multifactor productivity. B. productivity growth. C. single-factor productivity. D. labor productivity.

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  1. 17 May, 05:24
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    (a) Multi factor productivity

    Explanation:

    Multi factor productivity is the ratio of all resources and service produced, It is denoted by MFP Multi factor productivity gives the information about the economic performance It compares the output and the the input and based on this comparison it gives information about economic performance The input is the combination of cost of labor, capital, energy material.
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