Information about Remarkable Corporation is as follows: $\begin{array}{lll}&2018&2019\
\text { Output (units) }&50,000&50,000\\
\text { Input quantities: }\
\text { Materi als (pounds) } & 22,500 & 20,000 \
\text { Labor (hours) } & 12,500 & 10,000\\\text { Input prices: }\
\text { Materials (per pound) } & \$ 6 & \$ 7\
\text { Labor (per hour) } & \$ 9& \$ 10
\end{array}$ What is the partial operational productivity measure for labor for 2019?
A)1.67
B)5.00
C)2.50
D)5.25

Question

Quizplus · Accepted Answer

The partial operational productivity measure for labor in 2019 is calculated by dividing the output by the input quantity for labor. For 2019, the output is 50,000 units, and the labor input is 10,000 hours. Thus, the productivity measure is $ \frac{50,000}{10,000} = 5.00 $.

Information About Remarkable Corporation Is as Follows What Is the Partial Operational Productivity Measure for Labor for (units)