Table 2 shows last year’s production output and costs at Guemmer Temperature control Switch Crop.

Table 2

	Last Year
Production Output (units)	6000

Input Costs

Labor ($)	$14,000
Capital ($)	$30,000
Energy ($)	$5,000
Total Input Costs:	$49,000

Referring to table 2, assume that the production output (units)is now 4000 (not 6000). The multi factor productivity is:

a) 14.10 unit per dollar

b) 0.08 unit per dollar

c) 12.50 unit per dollar

d) 0.04 unit per dollar

Answer rating: 100% (QA)

b 008 units per dollar Multi factor Productivity Multi factor Productivity is defined a... View the full answer