Question: Discussion Question 1 - 1 4 ( LO 1 - 2 ) For the following problem calculate the laborFor the following problem calculate the labor

Discussion Question 1-14(LO 1-2) For the following problem calculate the laborFor the following problem calculate the labor productivity improvement from year 1 to year 2Output (sales) $millionLabor (payroll)millionAnnualYear 1Year 2 Inflation$ 103.4$ 108.42%$19.6$ 22.43%Productivity ratiodecrease

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