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illian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: a) Labor productivity
illian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: a) Labor productivity per labor hour for these tires = tires/labor hour (round your response to two decimal places). ) Multifactor productivity for these tires = tires/dollar (round your response to four decimal places). Vote: calculate the new multifactor productivity to four decimal places before calculating the percentage change
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