What is multifactor productivity for the above inputs-output


Assignment:

Plant produces:

  • 1000 units in a month that sell for $500 each
  • 300 units that sell for $1000 each

Utilities cost $40,000

Hourly employees worked 3000 hours

Hourly employees are paid $20/hour

Raw Materials cost $300,000 for the month

What is multifactor productivity for the above inputs and outputs?

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