Productivity Measure With A Single Input and Output
An tax accountant is examining his productivity.In 1996 he did 300 tax returns in 1400 hours.In 1997 he did 250 tax returns in 1200 hours.
What was his percentage increase in productivity from 1996 to 1997?

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The Answer is Solution to Productivity Measure With a Single Input and Output
(5 minutes)
Assuming that tax returns per hour is the measure of productivity,the tax accountant has decreased productivity from 300/1,400 or .2143 tax returns per hour to 250/1,200 or .2083 tax returns per hour.The percentage change is (.2143 - .2083)/.2143 or -2.8 percent.

Productivity Measure with a Single Input and Output