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In a company, with all other factors held constant, if the amount of materials used per unit of final product is reduced by half, the

In a company, with all other factors held constant, if the amount of materials used per unit of final product is reduced by half, the firm will

Multiple Choice

increase the multifactor productivity

double the material productivity and increase the multifactor productivity

double the material productivity

have no effect on productivity.

decrease capital productivity

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