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StormLrd StormLrd
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6 years ago
Which of the following would result in an increase in total factor productivity, assuming all other variables are held constant?
A) The quantity of outputs increases.
B) The company uses more total inputs.
C) The company uses lower quality inputs.
D) Current technology becomes obsolete.
E) Quantity of inputs increases and costs of inputs stays the same.
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
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AllopaAllopa
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6 years ago
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