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Problem 4 Surfing Sam produced and sold 10,000 surfboards during 1996 and 12,000 boards in 1997. Production required only 400 labour hours in 1997 compared

Problem 4 Surfing Sam produced and sold 10,000 surfboards during 1996 and 12,000 boards in 1997. Production required only 400 labour hours in 1997 compared to 500 labour hours in 1996. What was the labour productivity growth rate from 1996 to 1997

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