Question: The financial data for 2017 and 2018 are presented in the table below. Use the data to calculate the total productivity measure and the partial

The financial data for 2017 and 2018 are presented in the table below. Use the data to calculate the total productivity measure and the partial measures for labor, capital, and raw materials for ABCD Company for the two years. Explain what each of measures tell you about this company

Output: Input:

Sales

Labour

Raw Materials Energy Capital

Other

2017

$300,000 40,000 45,000 6,000 60,000 3,000

2018

$320,000 50,000 55,000 7,000 60,000

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