A home cleaning company uses $20 of chemicals, $40 of labor, and $5 of miscellaneous expenses for each home it cleans. After some quality complaints, the company has decided to increase its use of chemicals by 50%. By what percentage has the total factor productivity decreased?
Select one:
a. 13.333%
b. 8.333%
c. 50%
d. 16.667%
e. 25%
Expert Answer
https://d2vlcm61l7u1fs.cloudfront.net/media%2Fb38%2Fb38e6107-b075-4d18-b027-093f3e880b7b%2FphpzUUUle.png
https://d2vlcm61l7u1fs.cloudfront.net/media%2F230%2F230a6774-34fa-45d0-914d-7cf21c7496f3%2FphpHDpure.png