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Partial and Multifactor Productivity
Grade Level
CLEP
CLEPMGT.202 Partial and Multifactor Productivity
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🔴 Hard
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A manager claims productivity improved because output grew 8 percent while combined inputs grew 3 percent. Approximately how much did productivity improve?
A
About 2.9 percent
B
Exactly 5.0 percent
C
About 11.0 percent
D
About 4.9 percent
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