Various financial data for the past two years follow.

LAST YEAR THIS YEAR Output: Sales $ 200,010 $ 201,050 Input: Labor 30,010 40,010 Raw materials 35,100 41,500 Energy 5,100 6,010 Capital 45,500 45,500 Other 2,100 3,010a. Calculate the total productivity measure for this company for both years. (Round your answers to 2 decimal places.) b. Calculate the partial productivity measures for labor, capital, and raw materials for this company for both years. (Round your answers to 2 decimal places.)

Your company is starting a new r& d initiative: a development of a new drug that dramatically reduces the addiction to smoking. the expert team estimates the probability of developing the drug succesfully at 60% and a chance of losing the investment of 40%. if the project is successful, your company would earn profits (after deducting the investment) of 9,000 (thousand usd). if the development is unsuccessful, the whole investment will be lost -1,000 (thousand usd). your company's risk preference is given by the expected utility function: u(x) v1000 +x, where x is the monetary outcome of a project. calculate the expected profit of the project . calculate the expected utility of the project . find the certainty equivalent of this r& d initiative . find the risk premium of this r& d initiative e is the company risk-averse, risk-loving or risk-neutral? why do you think so?