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Calculate the labor productivity growth rate

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Given the following information, calculate the labor productivity growth rate from period 1 to period 2:

Units produced in period 1 = 1,800 units, using 200 labor hours

Units produced in period 2 = 1,840 units, using 220 labor hours

a. - 7.07% 

b. - 12.26% 

c. 8.36% 

d. 20.0%

Reference no: EM132215934

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