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Which of the following is NOT true of capital productivity? a. It is an important measure of efficiency. b. It is the output produced by

Which of the following is NOT true of capital productivity? a. It is an important measure of efficiency. b. It is the output produced by a dollar of capital invested in the business. c. Higher capital productivity is achieved by eliminating unproductive assets or activities from a firm's capital. d. Changing the way a firm handles inventory to reduce capital expenditures can increase capital productivity. e. It is measured by looking at a product's price

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