Question: Various financial data for the past two years follow. Calculate the total productivity mea-sure and the partial measures for labor, capital, and raw materials for

Various financial data for the past two years follow. Calculate the total productivity mea-sure and the partial measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about thiscompany?

LAST YEAR THIS YEAR $200,000 30,000 35,000 5,000 50,000 2,000 $220,000 40,000 45,000 6,000 50,000 3,000 Output: Input: Sales Labor Raw materials Energy Capital Other

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\begin{tabular}{|r|l|rr|rr|} \hline & & \multicolumn{2}{|c|}{ Last Year } & \multicolumn{2}{c|}{ This Year } \\ \hline Output & Sales & $ & 201,005 & $ & 202,015 \\ \hline Input:: & Labor & $ &...

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