Various financial data for the past two years follow.
LAST YEAR THIS YEAR Output: Sales $200,005 $202,005 Input:Labor 30,005 40,050 Raw materials 34,725 44,735 Energy 4,890 5,990 Capital 49,750 49,750 Other 1,890 3,050
a. Calculate the total productivity measure for this company for both years. (Round your answers to 2 decimal places.)
Total Productivity Last year This year
b. Calculate the partial productivity measures for labor, capital, and raw materials for this company for both years. (Round your answers to 2 decimal places.)
LaborCapitalRaw MaterialsLast yearThis year