Topic 1 Problem 9

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School

Grand Canyon University *

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Course

655

Subject

Economics

Date

Feb 20, 2024

Type

png

Pages

1

Uploaded by DalitsoC

9 1.66/1.66 A parcel delivery company delivered 102,500 packages last year, when its average employment was 83 drivers. This year, the firm points awarded handled 111,500 deliveries with 95 drivers. Problem 2-19 (Algo) @ What was the percentage change in productivity over the past two years? (Negative value should be indicated by a minus sign. Round your intermediate calculations and final answer to 2 decimal places.) ] [Changein productivity | (495 @[% | Hint = Pnt Explanation Output in Input in Productivity References Year Packages Drivers (Output/Input) Percentage Change Last year 102,500 83 1,234.94 This year 111,500 95 1,173.68 (1,173.68 - 1,234.94)/1,234.94 = -4.96%
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