The following table lists the various costs incurred​ (in million​ HKD) by a small company that manufactures electronic communication devices.  (See image)    The multifactor productivity changed by ______ ​%. ​(Enter your response rounded to two decimal places and include a minus sign wherever​ appropriate.)

Understanding Business
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Author:William Nickels
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Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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The following table lists the various costs incurred​ (in million​ HKD) by a small company that manufactures electronic communication devices.

 (See image) 

 

The multifactor productivity changed by ______ ​%. ​(Enter your response rounded to two decimal places and include a minus sign wherever​ appropriate.)


The following table lists the various costs incurred (in million HKD) by a small company that
manufactures electronic communication devices.
2013
2014
Output
Input
Labor
Material and supplies
Capital equipment depreciation
3
4
2
0.7
0.08
2.8
0.9
0.13
The multifactor productivity changed by
%. (Enter your response rounded to two
decimal places and include a minus sign wherever appropriate.)
Transcribed Image Text:The following table lists the various costs incurred (in million HKD) by a small company that manufactures electronic communication devices. 2013 2014 Output Input Labor Material and supplies Capital equipment depreciation 3 4 2 0.7 0.08 2.8 0.9 0.13 The multifactor productivity changed by %. (Enter your response rounded to two decimal places and include a minus sign wherever appropriate.)
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