Question: what is the correct answer and solution ? Processing construction contracts is one the most luxurious business for the most entrepreneur as developments boom in

what is the correct answer and solution ?
what is the correct answer and solution ?
Processing construction contracts is one the most luxurious business for the most entrepreneur as developments boom in the Philippines. There are numerous local and multinationals (MNE) setting up offices around the country. Government infrastructural deals are the most sought after because of huge funding and high returns. One of the busiest processors is Wagner Bros Inc. with 30 years of experience in the field. Seeing such a fortunate turn of events owner Dalmi San wanted to cash-in from the excellent opportunity. Wagner Bros wants to gauge its labor and multifactor productivity with a new computerized contract search system The company has a staff of four, each working 8 hours per day for a payroll cost of 5640/day) and overhead expenses of 5400 per day. Wagner processes and closes on 8 contracts each day. The new computerized contract search system will allow the processing of 14 contracts per day. Although the staff, their work hours. and pay are the same, the overhead expenses are now $800 per day How much will be the increase in labor productivity where the new system is implemented? 74% 77X 75% ont of the choices

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