Student tuition at Boering University is $100 per semester credit hours. ▶ The states supplement school revenue by match

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Student tuition at Boering University is $100 per semester
credit hours.
▶ The states supplement school revenue by matching student
tuition, dollars per dollars.
▶ Average class size for typical three credit course is 50
students.
▶ Labor costs are $4000 per class, material costs are $20 per
student, and overhead cost are $25,000 per class.
a) What is the multifactor productivity ratio?
b) If instructors work an average, what is the labor
productivity ratio? (Keep in mind that professor delivering the
lecture work 14 hours per week the semester last for 16 weeks)