Business, 09.10.2019 18:30 autumng7518

Mariah enterprises makes a variety of consumer electronic products. its camera manufacturing plant is considering choosing between two different processes, named alpha and beta, which can be used to make a component part. to make the correct decision, the managers would like to compare the labor and multifactor productivity of process alpha with that of process beta. they define the labor productivity for a process to be the ratio of output value to the value of labor input. the value of process output for alpha and beta is $150 per unit of product a and $160 per unit of product b, and the corresponding overhead costs for alpha and beta are $5 comma 000 and $7 comma 000, respectively. process al aprocess beta product output (units) labor (s) 70 40 60 $1,200 $1,400 $1,000 $2,000 30 s) $3,500 $1.500 $2.500 $1,400 a. which process, alpha or beta, is more productive? process ▼ has %higher labor productivity. process ▼ has %higher multi actor productivity. enter your esponses roundedto he nearest whole num ber

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