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Which of the following is NOT true of a measure of productivity? Typically expressed as a ratio of outputs versus unit inputs consumed Can be

Which of the following is NOT true of a measure of productivity?
Typically expressed as a ratio of outputs versus unit inputs consumed
Can be expressed as labor content / per unit output
Can be used to measure process efficiency
Used to quantify the true labor cost resulting from a location decision Is used as the sole factor of the location decision
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