Question: Problem 1.17 > As part of a study for the Department of Labor Statistics, you are assigned the task of evaluating the improvement in productivity

Problem 1.17 > As part of a study for the

Problem 1.17 > As part of a study for the Department of Labor Statistics, you are assigned the task of evaluating the improvement in productivity of small businesses. Data for one of the small businesses you are to evaluate is shown below. The data are the monthly average of last year and the monthly average this year. Labor $12 per hour; Capital 0.76% per month of investment; Energy $0.85 per BTU. Click the icon to view the data for one of the small businesses you are to evaluate. a) Determine the multifactor productivity with dollars as the common denominator for last year. The multifactor productivity with dollars as the common denominator for last year is dozen/$. (Round your response to three decimal places.) > > Problem 1.17 > As part of a study for the Department of Labor Statistics, you are assigned the task of evaluating the improvement in productivity of small businesses. Data for one of the small businesses you are to evaluate is shown below. The data are the monthly average of last year and the monthly average this year. Labor $12 per hour; Capital 0.76% per month of investment; Energy $0.85 per BTU. Click the icon to view the data for one of the small businesses you are to evaluate. a) Determine the multifactor productivity with dollars as the common denominator for last year. The multifactor productivity with dollars as the common denominator for last year is dozen/$. (Round your response to three decimal places.) > >

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