According to the text,the major problem associated with total factor productivity is that
A)the data are too hard to obtain.
B)all ingredients must be expressed in the same terms.
C)it clearly tells the manager what to do to correct a problem.
D)it is not compatible with standard accounting procedures.
E)it is nothing more than a cost-benefit analysis.

Question

Quizplus · Accepted Answer

The text states that all the ingredients used to measure total factor productivity must be expressed in the same terms, which is a major problem associated with this concept. This requirement makes the data collection process more complicated and may not be possible in some situations. The other answer choices are not mentioned as major problems associated with total factor productivity in the text.

According to the Text,the Major Problem Associated with Total Factor