QUESTION $5$

Labor productivity is an index of the output per person or hours worked.

True

False

QUESTION $6$

It takes the Blacksburg shipyard twenty six weeks with $500$ workers to build a small tanker$.$ Material costs are $$32$ millior million. What is the multifactor productivity ratio?

a$.$ Less than $1\mathrm{.}0$

b$.$ Greater than $1\mathrm{.}0$ but less thatror equal to $2\mathrm{.}0$

c$.$ Greater than $2\mathrm{.}0$ but less than or equal to $3\mathrm{.}0$

d$.$ Greater than $3\mathrm{.}0$

QUESTION $7$

A process produces $5000$ units of output that yield $$6$ per unit. Resources contributed to this output are $200$ hours of labor

a$.20$ units per hour

b$.25$ units per hour

c$.30$ units per hour

d$.40$ units per hour

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