Question: Problem 4. Productivity (5 points) Output: Total output $90,000 Inputs: Labor Material Capital Energy Total inputs $15,000 $10,000 $20,000 $5,000 $50,000 What is the partial

Problem 4. Productivity (5 points) Output: Total

Problem 4. Productivity (5 points) Output: Total output $90,000 Inputs: Labor Material Capital Energy Total inputs $15,000 $10,000 $20,000 $5,000 $50,000 What is the partial productivity measure of dollars of output to dollars of labor? (2 points) Answer What is the multifactor productivity measure of dollars of output to dollars of direct inputs (i.e., labor, material, and capital)? (3 points)

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