Please show work Given these daily production figures answer

Please show work.

Given these daily production figures, answer the productivity questions that follow. What is the labor productivity? What is the multifactor (MFP) productivity? If Capital costs are reduced by 1,000, what is the % change in MFP?

Solution

a. labor productivity= 1000/400= 2.5 per hour/ one labor

sorry, I am unable to intepret the values to find MFP, i tried alot but fials.

b.

Please show work. Given these daily production figures, answer the productivity questions that follow. What is the labor productivity? What is the multifactor (

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site