$.$ Collins Title Insurance Ltd$.$ wants to evaluate its labor and multifactor productivity with a new computerized title$-$search system. The company has a staff of four, each working $8$ hours per day $($for a payroll cost of $$640/$day$)$ and overhead expenses of $$400$ per day. Collins processes and closes on $8$ titles each day. The new computerized title$-$search system will allow the processing of $14$ titles per day. Although the staff, their work hours, and pay are the same, the overhead expenses are now $$800$ per day.

Labor Productivity, Old System $(2$ Possible Answers$)$:

Labor Productivity, New System $(2$ Possible Answers$)$:

Multifactor Productivity, Old System:

Multifactor Productivity, New System:

Favorability, New System: