Assignment:
Q: As part of a study for the Department of Labor Statistics nou are assigned the task of evaluating the improvement in productvity of smaubusinesses Data lor one of the small businesses you are to evaluate is shown The data are the monthly average of last year and the monthly average this year Labor $7 per hour, Capital 0 per month of investment. Energy $0.75 per BTU. EA Click the icon to view the data for one of the small businesses you are to evaluate
a) Determine the multifactor productivity with dollars as the common denominator for last year The multifactor productivity with dolars as the common denominator for last year is dozens
b) Determine the multifactor productivity with dolars as the common denominator for this year The multifactor productivity with dolars as the common denominator for this year is dozens
c) Determine the percent change in productivity for the monthly average last year versus the monthly average this year on a multifactor basis. The percent change in productivity for the monthly average is