Question: Problem 11 Various financial data for 2018 and 2019 follow. Calculate the total productivity measure and the partial measures for labor, capital, and raw materials

Problem 11 Various financial data for 2018 and 2019 follow. Calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company? List ways to improve productivity. 2018 2019 ($) ($) Output: Sales 200,000 220,000 Input: Labor 30,000 40,000 Raw Materials 35,000 45,000 Energy 5,000 6,000 Capital 50,000 50,000 4 2,000 3,000 Other

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