Adrian Thomas (from Problem 15) has determined the costs of inputs for making golf balls as follows Labor $12 per hour Material $6 per pound Machine $8 per hour Energy $0 60 per BTU Compute the multifactor productivity (in units per U S dollar) for both last year and the current year, and determine the percentage change in productivity

Question: Adrian Thomas (from Problem 15) has determined the costs of inputs for making golf balls as follows: Labor: $12 per hour Material: $6 per pound

Adrian Thomas (from Problem 15) has determined the costs of inputs for making golf balls as follows:

Labor: $12 per hour
Material: $6 per pound
Machine: $8 per hour
Energy: $0.60 per BTU

Compute the multifactor productivity (in units per U.S. dollar) for both last year and the current year, and determine the percentage change in productivity.

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