Question: Task Four - 1 5 marks Productivity can be measured in variety of ways, such as by labour, capital, energy, material usage, and so on
Task Four marks
Productivity can be measured in variety of ways, such as by labour, capital, energy,
material usage, and so on President and producer of fruit lovers has been able with
his current equipment to produce crates per logs He currently purchases
logs per day and each log requires labour hours to process. He believes that he can
hire a professional buyer who can buy a betterquality log at the same cost. If this is
the case, he can increase his production to crates per logs His labour hours
will increase by hours per day.
What will be the impact on productivity measured in crates per labourhour if
the buyer is hired?
Equation
a Current labour productivity
b Labour productivity with buyer
c The increase
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