A health‐check clinic has five employees and ‘processes’ 200 patients per week. Each employee works 35 hours per week. The clinic’s total wage bill is £3,900 and its total overhead expenses are £2,000 per week. What are the clinic’s single‐factor labor productivity and its multi‐factor productivity? The health clinic described in above has expanded by hiring one extra member of staff and now has six employees. It has also leased some new health‐monitoring equipment which allows patients to be processed faster. This means that its total output is now 280 patients per week. Its wage costs have increased to £4680 per week and its overhead costs to £3000 per week. What is its single‐factor labor productivity and its multi‐factor productivity now?
A health‐check clinic has five employees and ‘processes’ 200 patients per week. Each employee works
35 hours per week. The clinic’s total wage bill is £3,900 and its total overhead expenses are £2,000 per
week.
What are the clinic’s single‐factor labor productivity and its multi‐factor productivity?
The health clinic described in above has expanded by hiring one extra member of staff and now has six
employees. It has also leased some new health‐monitoring equipment which allows patients to be
processed faster. This means that its total output is now 280 patients per week. Its wage costs have
increased to £4680 per week and its overhead costs to £3000 per week.
What is its single‐factor labor productivity and its multi‐factor productivity now?
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