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ABC Caps produced 220 000 caps with a value of R125 per cap in 2024. The compan...
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ABC Caps produced 220 000 caps with a value of R125 per cap in 2024. The company employed four workers at a cost of R80 000 in 2024. In 2025, the company increased its output to 280 000 with a value of R130 per cap. The company employed five workers at a cost of R90 000 in 2025.
Calculate the productivity index and state which of the following options is the correct productivity index for ABC Caps?
Calculate the productivity index and state which of the following options is the correct productivity index for ABC Caps?
B) 2025 = 6% decrease in productivity
C) 2025 = 7% increase in productivity
D) 2025 = 7% decrease in productivity
ANSWER: B
ANSWER: B