Question: A property title search firm is contemplating using online software to increase the productivity of the researcher performing the search. Currently, an average of 6
A property title search firm is contemplating using online software to increase the productivity of the researcher performing the search.
Currently, an average of minutes is needed to do a title search. The researcher cost is $ per minute. Clients are charged a fee
of $ Company As software would reduce the average search time by minutes, at a cost of $ per search. Company Bs
software would reduce the average search time by minutes at a cost of $ per search.
a Calculate the productivity in terms of revenue per dollar of input. Round your intermediate calculations and final answers to
decimal places.
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