Productivity is measured as the ratio of inputs to outputs

Indicate whether the statement is true or false.

Answer: FALSE

Business

You might also like to view...

Johnson negotiated a $20,000 loan to purchase his home. He was charged four points to get the loan. The loan required 2% of the original amount as a prepayment penalty. Monthly payments were $163, including interest at 8% per annum. Five years later, Johnson sold his home and paid the loan in full. If, during the time he had it, the loan had an average outstanding balance of $18,500, what was the lender's gross earnings:

A: $6,750; B: $6,840; C: $7,140; D: $8,600.

Business

Which of the following is most useful for developing information that might lead to breakthrough products?

a. survey research b. focus groups c. conjoint studies d. customer visit programs e. concept tests

Business