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sosick90501
sosick90501
19.10.2021 • 
Business

III.A company offers ID theft protection using leads obtained by several banks. Four employees of the theft protection company work 7 hours a day on the leads, and are paid $30 per hour. Each employee is given a list of one-third of the entire list of names and is asked to identify the most promising 2000 actual leads. Past experience shows that 6% of potential leads will sign up for the company’s theft protection services, and will pay $12 per week for the service. Calculate labor productivity for the company using a five-day workweek in which fees generated is the measure of output and payments to labor are used as the measure of input.

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