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please show work in detail 5. CH2: A manufacturing company needs wants to calculate productivity for a given period of time. The table below indicates
please show work in detail
5. CH2: A manufacturing company needs wants to calculate productivity for a given period of time. The table below indicates output and inputs. The rental fee is $300/machine. Employees work 8-hour shifts/day and are paid $12/hour. What is labor productivity measured in dollars of input? Inputs & Outputs Output/day 12,000 units Labor 5 people Machinery 6 machines Step by Step Solution
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