a
Interpretation: Changes in multifactor productivity and by what percentage are to be calculated.
Concept Introduction: Multifactor productivity is used to indicate the ratio of goods and services produced to many or all resources. It might be the value of the output divided by the sum of labor, overhead cost and materials.
b
Interpretation: Changes in labor productivity and by what percentage are to be calculated.
Concept Introduction:Labor productivity: It is defined as an index that calculates output relative to input used to produce it. It is usually expresses as the ratio of output to input.
c
Interpretation: Changes in weekly profits are to be calculated.
Concept Introduction: Profit is the reward earned for taking risks in business. It is calculated by subtracting revenue from cost.
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