What is your multifactor productivity

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Reference no: EM131233379

You are trying to figure out the multifactor productivity of your carrot farm.

You had production of 294 pounds of carrots.

You spent $1.50 per pound on fertilizer and used 7 pounds of fertilizer.

Planting expenses were $50, and harvesting expenses were 184 hours at $10 per hour.

What is your multifactor productivity, rounded to one decimal place?

Reference no: EM131233379

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