Business, 21.01.2021 23:00 dumbdumbkylee
Various financial data for Year 1 and Year 2 follow. Calculate the total productivity measure and the partial productivity measures for labor, capital, and raw materials for this company for both years. What do these measures tell you about this company?
Last year This year
Output Sales $200,000 $220,000
Input Labor 30,000 40,000
Raw Materials 35,000 45,000
Energy 5,000 6,000
Capital 50,000 50,000
Other 2,000 3,000
Answers: 3
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