Which of the following is an accurate problem associated with total factor productivity?
A) The data is too hard to obtain.
B) All resources must be expressed in the same terms.
C) It stresses too much on how things can be changed to improve productivity.
D) It is not compatible with standard accounting procedures.
E) It is the same as value-added analysis.

Question

Quizplus · Accepted Answer

The biggest problem with total factor productivity is that all the ingredients must be expressed in the same terms-dollars (it is difficult to add hours of labor to number of units of a raw material in a meaningful way).

Which of the Following Is an Accurate Problem Associated with Total