Question: Compute the multifactor productivity measure for an eight - hour day in which the usable output was 3 0 0 units, produced by three workers
Compute the multifactor productivity measure for an eighthour day in which the usable output was units, produced by three workers who used pounds of materials. Workers have an hourly wage of $ and material cost is $ per pound. Overhead is times labor cost. The answer should be in "units of output per dollar of input".
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