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Need an argumentative essay on Dulax Box Plant Multifactor Productivity Before and After Changes. Needs to be 1 pages. Please no plagiarism.In this case input refers to all factors of production combi
Need an argumentative essay on Dulax Box Plant Multifactor Productivity Before and After Changes. Needs to be 1 pages. Please no plagiarism.
In this case input refers to all factors of production combined. Thus, Multifactor productivity measure joint contribution of the various factors of production like labor, capital rather than specific contribution by one factor of production (Ryan, 2011).
There has been a change in multifactor productivity from 0. 1190 to 0.1364 this shows increased efficiency of the firm and thus, the firm can be said to have increased total productivity. This increase in productivity cannot be explained by a vary in combined inputs, therefore multifactor productivity in this case reflects changes in expertise and machinery (technology) used in
