What was firm labor productivity in units of bars-employee

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Reference no: EM132205137

A candy maker sold 20 million bars last year for $1 each. It employed 200 employees earning $50K/yr. The total machine (capital) depreciation last year to make bars was $5M.) It also has overhead of $5M/year. Each bar that is sold requires 25 cents of ingredients. How much revenue did the company earn last year? (in millions of dollars. for example, if it's $40M, enter 40) * What was the firm's labor productivity in units of bars/employee? (just enter the number) * What was the firm's labor productivity (no units)? * What was the firm's multi-factor productivity (where the relevant factors are labor and capital)? (round to 2 decimal points -- e.g. 2.35444 to 2.35) * What is the firm's total productivity? (round to 2 decimal points -- e.g. 1.35444 to 1.35) * Is the firm profitable? * If the firm could replace 150 workers with machines that depreciate an additional $5 million without changing total output, wha would the firm's new labor productivity be (no units) (round to 2 decimal points -- e.g. 1.35444 to 1.35) * What would the firm's multi-factor productivity be if they brought in the machines and replaced workers (where the relevant factors are labor and capital)? (round to 2 decimal points -- e.g. 1.35444 to 1.35) * What would the firm's new total productivity be? (round to 2 decimal points -- e.g. 1.35444 to 1.35) * Should the company replace workers with the machines?

Reference no: EM132205137

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