CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

Which one does not provide an in-depth view of a firm's state of efficiency?

A. Total product
B. Marginal product
C. Average product
Correct Answer: A

Total product is simply an indication of a firm's output volume and potential market share. Marginal product and average product are better gauges of a firm's productivity.

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