solution
A diary company needs 3000 labor hours, 950 capital equipment hours and 1500$ of raw materials to produce 1000 units of finished products slod 50$ per unit which of the following statements is correct?
A. The total productivity measure is 0.18 units/h
B. The total productivity measure is 9.2 $/h
C. The partial labor productivity measure is 52.6 $/h
D. The value of the multifactor productivity measure for capital equipment and labor is 12.66 $/h
6- A company achieved 9000 dollars of product sales last month. The input of its production process was 7000 dollars of labor, 4000 dollars of capital and 2000 dollars of raw materials. Which of the following statements is false?
A. The value of the total measure of productivity is 0.69
B. The value of the partial labor productivity is 1.28
C. The value of the partial capital productivity is 2.25
D. The value of the multifactor productivity measure for capital and labor is 0.5
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