When energy productivity is measured by the number of outputs produced divided by the dollars spent on energy used to generate this amount of output, it is a measure of:
A) total factor productivity.
B) company productivity ratio.
C) partial productivity ratio.
D) industry productivity ratio.
E) individual productivity ratio.

Question

Quizplus · Accepted Answer

Total factor productivity is an overall indicator of how well an organization uses all of its resources, such as labor, capital, materials, and energy, to create all of its products and services. Partial productivity ratio uses only one category of resources.

When Energy Productivity Is Measured by the Number of Outputs