(Answered) : Question 1a Team Six Workers Assembles Furniture Team Assemble 240 Chairs Five Days Workin Q28210087

Question 1A team of six workers assemblesfurniture. If this team can assemble 240 chairs in five days,working eight hours per day, what are:

The team’s labor productivity in chairs per day?

The team’s labor productivity in chairs per hour?

One worker’s labor productivity in chairs per day?

One worker’s labor productivity in chairs per hour?

If a refining operation can extract $150 worth of output from$45 worth of materials, what is the operation’s materialproductivity?

Question 2:The refining operation from theprevious question requires the following inputs to produce $150worth of output:

$45 of materials

$25 of energy

$30 of labor

$20 of machinery

What is the operation’s multi-factor productivity?

Expert Answer 

A