Question: Question The given data represents a month from last year and an equivalent month this year. Cost Per Input Unit Units Produced Labor (hours) Paper

Question The given data represents a month from

Question The given data represents a month from last year and an equivalent month this year. Cost Per Input Unit Units Produced Labor (hours) Paper (kg) Investment () Electricity (kWh) Last Year 1.200 280 48 10,000 3.000 Now 1.200 255 43 11,000 2.850 12 per hour 6 per kg 1% per month 0.50 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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