Discuss the below:
Q: a. Calculate the total productivity measure for this company for both years.
b. Calculate the partial productivity measures for labor, capital, and raw materials for this company for both years.
|
LAST YEAR |
THIS YEAR |
| Output: |
Sales |
$ |
201,005 |
|
$ |
202,015 |
|
| Input: |
Labor |
|
30,010 |
|
|
40,010 |
|
|
Raw materials |
|
34,775 |
|
|
44,785 |
|
|
Energy |
|
4,870 |
|
|
5,890 |
|
|
Capital |
|
49,700 |
|
|
49,700 |
|
|
Other |
|
1,870 |
|
|
3,005 |