An electrical equipment manufacturing company manufactures AC Motors, DC Motors and Transformers. During the month of December,
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An electrical equipment manufacturing company manufactures AC Motors, DC Motors and Transformers. During the month of December, the production of these items in Rupee terms has been, respectively, Rs. 140 million, Rs. 250 million and Rs. 90 million. The inputs of human resources, capital, materials and power have been as given in the table below:
Product AC Motors DC Motors Transformers Human 14 23 12 Input Capital 28 81 14 Rs. million Materials 72 108 24 Power 9 20 10 What are the partial productivities of each of the inputs?
What are the total productivities of each of the three products?
What is the Total Factor Productivity (TFP) of the company?
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