Question: Solve the following practical question. ( 1 0 marks ) Student tuition at Boehring University is $ 1 5 0 per semester credit hour. The
Solve the following practical question.
marks
Student tuition at Boehring University is $ per semester credit hour. The state supplements school revenue by $ per semester credit hour. Average class size for a typical credit course is students. Labor costs are $ per class, materials costs are $ per student per class, and overhead costs are $ per class.
a What is the multifactor productivity ratio for this course process?
b If instructions work an average of hours per week for weeks for each credit class of students, what is the labor productivity ratio?
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