Assignment_1 - Price= 1 20 Energy= 200 CapiTal CosTs= 500...

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Q1 a) 120/40= productivity b) 3.125 →new productivty c) 0.125 →unit increase in productivity per hour d) 4.1666666667 Q2 342.8571428571 →labours Q3 a) 30 →productivity b) 46.6666666667 →new productivity c) 16.67 55.56667 →new productivity Q4 a) 2.5 →productivity b) Labour= 15 Hours= 40 600 Saddle Output= Raw Material=
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Unformatted text preview: Price= 1 20 Energy= 200 CapiTal CosTs= 500 1320 c) Labour 600 Raw maTerial 20 0.08547 →saddle per dollar Energy 50 11.7 →per clean rug CapiTal CosTs 500 1170 0.009713 12.82051 →percenTage chan 3→ 100 0.075758 →saddle per dollar 13.2 →$ per clean rug nge...
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