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In 2018, Bob's Bakery had 25 employees and made a total of 4,000 loaves of bread in an 8 hour day. In 2019, Bob's Bakery
In 2018, Bob's Bakery had 25 employees and made a total of 4,000 loaves of bread in an 8 hour day. In 2019, Bob's Bakery had 30 employees and made a total of 6,000 loaves of bread in an 8 hour day. To an economist, in 2019 the "productivity" of Bob's employees increased (as compared to 2018) by 25% 0% 20% O 50%
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Managerial Economics and Organizational Architecture
Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr
5th edition
73375829, 978-0073375823
