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Last year, the pharmacy at BPH generated $96 million in revenue. The pharmacy employs 4 pharmacists whose annual salaries (excluding benefits) amount to $560,000, 3

Last year, the pharmacy at BPH generated $96 million in revenue. The pharmacy employs 4 pharmacists whose annual salaries (excluding benefits) amount to $560,000, 3 technicians with salaries totaling $96,000, and 1 clerk paid $22,000 a year. Inventory, supplies, and insurance costs amounted to $52 million, $2.2 million, and $100,000, respectively. 


a) What is the Labour productivity index?

b) What is the multifactor productivity index?

c) If this years multifactor productivity index is $2.00 per $ input, what is the growth or decline in productivity relative to last years?

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a The Labour productivity index is a measure of the amount of output produced per unit of labor Here ... blur-text-image

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