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Management would like to invest in newer technology to help increase their production of vaccines. You are a private consultant asked to evaluate their current
Management would like to invest in newer technology to help increase their production of vaccines. You are a private consultant asked to evaluate their current vaccine production capabilities. Employees make $25 per hour, raw materials used to create the vaccines cost $40 per pound and energy prices for the facility are $0.20 per kilowatt (kW). The following monthly data is provided to you. Find multifactor productivity?
a | 0.278 units per dollar | |
b | 0.09 units per dollar | |
c | 0.076 units per dollar | |
d | 0.1 units per dollar |
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