Question: The average charge for billable hours is $ 3 0 0 and the average cost per labor hour is $ 1 0 0 . Invested

The average charge for billable hours is $300 and the average
cost per labor hour is $100. Invested capital is exclusive of
information technology investment. The productivity of an
individual factor involves comparing the cost of that input
factor to the value of the output, which is billable hours.
1. what is the output in hours?

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