Chapter 1, Problem 10P

a)

Summary Introduction

To determine: Labor productivity, material productivity, and multifactor productivity in different weeks.

Introduction

Productivity can be explained as the measure of level of competitiveness of an organization. It is measured by calculating the ratio of number of outputs produced to the number of inputs used. An increase in the productivity increases the level of wages of the individuals.

b)

Summary Introduction

To calculate: Material productivity

c)

Summary Introduction

To calculate: Multifactor productivity