XYZ Publisher can produce 200 books in a standard 8-hour day. It uses 5 employees. The average labor cost is $25/hour. A book requires $15 of raw materials.
If the books can be sold at a price of $30 each, what is the multifactor productivity?
A) 0.5 B) 1.0 C) 1.5 D) 2.0
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