Which of the following statements about productivity measures is TRUE?

Question 9Select one:

a.The productivity measure may not be made for companies with multiple products.

b.It is important to use the results as a starting point for analysis.

c.Total factor productivity explicitly considers gains from using fewer inputs, not from substituting inputs.

d.They may only be stated in terms of dollars.

e.Partial productivity measures allow managers to evaluate the effect of input substitutions on overall productivity.