Problem 2 You have just been given the following production data for 2010 and 2011. Calculate the total productivity measure and the partial measures for labour, capital, energy, and raw materials for both years. 2010 $400,000 $50,000 $100,000 Output: Input: Sales Labour Capital Energy Raw Materials Comment about the productivity of the company. $8,000 $60,000 2011 $480,000 $60,000 $110,000 $9,500 $80,000
Problem 2 You have just been given the following production data for 2010 and 2011. Calculate the total productivity measure and the partial measures for labour, capital, energy, and raw materials for both years. 2010 $400,000 $50,000 $100,000 Output: Input: Sales Labour Capital Energy Raw Materials Comment about the productivity of the company. $8,000 $60,000 2011 $480,000 $60,000 $110,000 $9,500 $80,000
Chapter19: Pricing Concepts
Section: Chapter Questions
Problem 6DRQ
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![Problem 2
You have just been given the following production data for 2010 and 2011. Calculate the total
productivity measure and the partial measures for labour, capital, energy, and raw materials for
both years.
2010
$400,000
$50,000
$100,000
$8,000
$60,000
Output:
Input:
Sales
Labour
Capital
Energy
Raw Materials
Comment about the productivity of the company.
2011
$480,000
$60,000
$110,000
$9,500
$80,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2a4b326e-a97e-45a0-a4c9-c1dbe137a939%2F0d99915e-808c-473d-abb5-5cbe82eece3c%2Fhfhbrgx_processed.png&w=3840&q=75)
Transcribed Image Text:Problem 2
You have just been given the following production data for 2010 and 2011. Calculate the total
productivity measure and the partial measures for labour, capital, energy, and raw materials for
both years.
2010
$400,000
$50,000
$100,000
$8,000
$60,000
Output:
Input:
Sales
Labour
Capital
Energy
Raw Materials
Comment about the productivity of the company.
2011
$480,000
$60,000
$110,000
$9,500
$80,000
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