Productivity. The manager of a crew that installs wood floors has tracked the crew's output over the past several weeks. Each worker works 35 hours per week and earns $19 per hour. The wholesale cost of lumber to the company is foot, and the company charges its customers $21 per square foot of flooring installed. Week Crew Size Lumber Used (sq. ft Flooring Installed Sq ft 1 6 480 430 2 4 381 335 3 2 228 260 4 5 487 525 A. Calculate labor productivity for each of the weeks shown. B. Suppose that in addition to labor cost and wholesale lumber cost, the firm's overhead is 140% of its labor cost. Calculate multi-factor productivity for each week.

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.