Question: Using the following table, calculate the multifactor productivity ratio: Labor rate Units produced Labor hours Cost of materials Cost of energy $20 10,000 1,000 $2000

Using the following table, calculate the

Using the following table, calculate the multifactor productivity ratio: Labor rate Units produced Labor hours Cost of materials Cost of energy $20 10,000 1,000 $2000 $500 0.22 0.8 0.98 0.476 h

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