A cleaning company uses $10 of chemicals, $40 of labor, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company has decided to increase its use of chemicals by 50%.
By what percentage has multifactor productivity fallen?

%age of multifactor productivity reduction = 8.33%

Step-by-step explanation:

Total cost for chemicals = $10

Total cost of labor = $40

Total cost of misc = $5

Total initial cost = 10+40+5 = $55

Increase in use of chemical = 50%

Increase in cost of chemical = 10+ (0.5)(10)  =15

[Note (0.5)(10) is 50% of initial chemical cost]

Total increase in cost= $15+ $40 + $5 =%60

%age of multifactor productivity reduction = 100 - 91.67 = 8.33%

452,489 to the nearest thousand is 452,000