Home / Questions / A factory produces 40000 bags each week assuming 52 weeks peryear The equipment used costs...
A factory produces 40,000 bags each week (assuming 52 weeks peryear). The
equipment used costs $10,000 and will remain productive for 4years. The
labour cost per year is $11,500.
(i) Calculate the productivity measure of “units of output perdollar of
input” averaged over the four-year period. Attached
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