Homework Answers
ANSWER(a)
MULTIFACTOR PRODUCTIVITY 2018=1.07
MULTIFACTOR PRODUCTIVITY 2019=1.10
WORKINGS
MULTIFACTOR PRODUCTIVITY=NET OUTPUT/INUPUT LABOUR+CAPTIAL+ENERGY
2018=15000/10000+2500+1500=15000/14000=1.07
2019=22000/11500+6000+2500=22000/20000=1.10
ANSWER(b)
MULTIFACTOR PRODUCTIVITY RATE OF INCREASE=2.80%
WORKINGS
MUTIFACTOR PRODUCITIVITY RATE OF INCREASE =CHANGE IN MUTLIFACTOR PRODUCTIVITY/MUTIFACTOR PRODUCTIVITY OF 2018*100%
=1.10-1.07/1.07*100%=2.80%
ANSWER(c)
YES,Company has made a postive profit in 2018 because it's mutifactor productivity is greater than 1 whenever mutifactor productivity will be greater than 1 company will make profit and it will inncur lose whenever it will be below 1
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