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

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 Now Cost Per Input Unit Units Produced 1,200 1,200 Labor (hours) 280 255 12 per hour Paper (kg) 48 43 5 per kg Investment (6) 9,000 10,000 2% per month Electricity (kWh) 3,000 2,850 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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