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Productivity Question (3 marks) We have gathered the following information from one of our other businesses. The following data represents a month from last year

Productivity Question (3 marks)

We have gathered the following information from one of our other businesses. The following data represents a month from last year at this time.

Units produced Labour Hours Capital Invested ($) Energy (BTU)
1,000 300 $10,000 3,000

We are interested in determining the productivity so that we can use this as a preliminary benchmark.Determine the labour productivity and the multifactor productivity using labour costs at $15 per hour and energy costs at $0.45 per BTU.

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