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All answers must be in 4 decimal points. A bakery makes 80 loaves (unit) of bread per day using the following resources: a) What is
All answers must be in 4 decimal points. A bakery makes 80 loaves (unit) of bread per day using the following resources: a) What is the labour productivity per labour-hour for the product? (1 mark) b) What is the multifactor productivity for the product? (2 marks) c) What is the percent change in multifactor productivity if the company can reduce the energy bill to the total of $300 per day without cutting production or changing any other inputs
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