In a Firm, If the Employees Attend a Training Program

In a firm, if the employees attend a training program, then the time to assemble one unit reduces by 10%. Training program will
A. increase the labor productivity only
B. increase the multifactor productivity only
C. increase both labor and multifactor productivity
D. decrease capital productivity
E. have no effect on productivity.

A) Choice A
B) Choice B
C) Choice C
D) Choice D
E) Choice E

Correct Answer:

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