Question: Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with

Martin Manufacturing has implemented several programs to improve its productivity. They have asked you to evaluate the firm's productivity by comparing this year's performance with last year's. The following data are available.
Last Year This Year
Output 10,500 units 12,100 units
Labor $12,000 $13,200
Utilities $7,600 $8,250
Capital $83,000 $88,000
a. What is the percent change in labor productivity this year vs. last year?
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