Question 6: Med-Tech UAE labs is a facility that provides COVID-19 tests and result evaluations for patients, ranging from viral tests to antibody tests. Average cost to patients is $80 per test (test price). Med- Tech UAE labs is currently working a total of 12 hours per day to produce around 997 tests. Mr Mili Youcef, the manager of the Med-Tech UAE labs, thinks that buying a new test equipment will increase the tests number by 40%. The labor costs average $17 per hour, materials costs are $17 per test, and energy costs are assumed to be only $21 per day. 6.a) What is the multifactor productivity ratio for Med-Tech at present and with the new test equipment? Answer: 6.b) What is the multi-factor productivity ratio for Med-Tech with the new test equipment? (1.5 mark for each correct answer 6.c) How would total (multi-factor) productivity change if using the new test equipment raised the material costs by $1.20 per test? Comment the results