A consumer product company sets up two manufacturing sites, one in country A and the other in country B. Country A is a newly industrialised country, while country B is a developing country. The company collects the following data to evaluate the productivity at each site. (b) (c) Sales (units) Labour (hours) Raw Materials ($) Equipment (hours) (d) Country A 200,000 30,000 $150,000 80,000 Data can be interpreted as follows: take country A as an example, country A uses 30,000 labour hours, 80,00 equipment hours, and $150,000 worth of raw materials to produce 200,000 units of product. (a) Country B 40,000 20,000 $20,000 5,000 Measure the single-factor labour productivity and single-factor equipment productivity for the two countries. For each type of productivity, compare the results of the two countries, what conclusion can you draw? Is there any unexpected conclusion? (12 marks) Compute the multifactor productivity for labour and equipment together for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable, compared to those in (a)? (7 marks) Compute the single-factor raw material productivity for the two countries. Compare the results of the two countries, what conclusion can you draw? Do you think the conclusion is reasonable? Why or why not? (7 marks) Do you think the given information is sufficient for the company to reach a conclusion that one country has a higher overall productivity than the other? Why or why not? If not, what information is still missing? (9 marks)