Compute growth in between to and after buying equipment

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Reference no: EM131687662

The Company that makes shopping carts for supermarkets and other purchased some new that reduces the labor of the to produce the shopping cuts to buying the company used 6 workers, who produced an average of 81 carts per Workers receive $12 per hour and coast was $39 per hour. With the new equipment it was possible to transfer of the workers to another department and cost increased by $18 per hour what output increased by four per hour

a) Compute the multifactor productivity (MEP) (labor plus equipment) under the to baying the new The (round to 4 decimal places).

b) Compute the growth in between the to and after buying the new equipment. The growth in % (round to 2 decimal places.)

Reference no: EM131687662

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