What is the total factor productivity ($ per input $) for Panda Inc based on the information provided

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section6.7: The Necessity Of Global Markets
Problem 3DQ: What can McDonalds do to address Bakshis concerns?
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What is the total factor productivity ($ per input $) for Panda Inc based on the
information provided
• OUTPUTS
o 1500 units of production
o $3,000 in revenue
• INPUTS
o $350 labour
o $100 materials
o $50 other costs
Transcribed Image Text:What is the total factor productivity ($ per input $) for Panda Inc based on the information provided • OUTPUTS o 1500 units of production o $3,000 in revenue • INPUTS o $350 labour o $100 materials o $50 other costs
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