Question: Step by step solving is needed A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the

Step by step solving is needed Step by step solving is needed A company that
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used five workers, who produced an average of 80 carts per hour. Workers receive S10 per hour, and machine cost was $40 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by S10 per hour while output increased by four carts per hour. b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure, Comment on the changes in productivity according to the two measures, and on which one you believe is the more pertinent for this situation

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