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The Following Data Is Recorded by the Alex Company What Is the Partial Operational Productivity Measure for Labor for

Question 117

Multiple Choice

The following data is recorded by the Alex Company: 20182019 Output (units)  13,50011,800 Input quantities:  Labor (hours)  5,2504,150 Input prices:  Labor (per hour)  $6$7\begin{array} { l }&2018&2019\\\text { Output (units) }&13,500&11,800\\\\\text { Input quantities: }\\\text { Labor (hours) }&5,250&4,150\\\\\text { Input prices: }\\\text { Labor (per hour) }&\$6&\$7\end{array}
What is the partial operational productivity measure for labor for 2018? (Round the answer to two decimal places.)


A) 2.24
B) 3.25
C) 2.25
D) 2.57

Correct Answer:

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