Question: Question The given data represents a month from last year and an equivalent month this year. Last Year Cost Per Input Unit Units Produced Labor

Question The given data represents a month from

Question The given data represents a month from last year and an equivalent month this year. Last Year Cost Per Input Unit Units Produced Labor (hours) Paper (kg) Investment () Electricity (kWh) 1,200 280 50 9,000 2,900 Now 1,200 255 45 10,000 2,750 10 per hour 5 per kg 1% per month 0.60 per kWh What is the change (%) in multi-factor productivity for one month last year versus one month this year Hint: Take Euro () as the common denominator. Answer Change (%) in multi-factor productivity = % (Enter your response as a percentage rounded to TWO DECIMAL PLACES)

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