Question: evaluate is shown below. The data are the monthly average of last year and the monthly average this year. Labor $ 7 per hour; Capital
evaluate is shown below. The data are the monthly average of last year and the monthly average this year.
Labor $ per hour;
Capital per month of investment;
Energy $ per BTU.
Click the icon to view the data for one of the small businesses you are to evaluate.
a Determine the multifactor productivity with dollars as the common denominator for last year.
The multifactor productivity with dollars as the common denominator for last year is dozen$Round your response to three decimal places.
b Determine the multifactor productivity with dollars as the common denominator for this year.
The multifactor productivity with dollars as the common denominator for this year is dozen$Round your response to three decimal places.
c Determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis.
The percent change in productivity for the monthly average is Round your response to one decimal place.
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