Which of the following is a total measure of productivity?
A)Output/Materials
B)Output/(Labor + Capital + Energy)
C)Output/Labor
D)Output/Inputs
E)All of the above

Question

Quizplus · Accepted Answer

Total productivity is measured by dividing the total output by total inputs, which includes labor, materials, capital, energy, etc. Option D includes all inputs in the denominator and is therefore the correct choice. Options A, B, and C only consider a subset of inputs and are not comprehensive measures of total productivity.

Which of the Following Is a Total Measure of Productivity