A small business earned $75,000 in
three months. The business has 8
employees working 5 days a week, 8
hours a day. What is the productivity in
dollars per hour?

To calculate the productivity in dollars per hour for the business, follow these steps:

1. **Total Earnings:** The business earned $75,000 in three months.
2. **Total Hours Worked by All Employees:**
   - Number of employees = 8
   - Number of days worked per week = 5
   - Number of hours worked per day = 8
   - Number of weeks in three months ≈ 13 (since 3 months typically have about 13 weeks)
   - Total hours worked by one employee in three months = $ 13 \times 5 \times 8 = 520 $ hours
   - Total hours worked by all 8 employees = $ 8 \times 520 = 4160 $ hours

3. **Productivity Calculation:**
   \[
   \text{Productivity} = \frac{\text{Total Earnings}}{\text{Total Hours Worked}} = \frac{75000}{4160} \approx 18.03 \text{ dollars per hour}
   \]

So, the productivity is approximately **$18.03 per hour**.

Would you like more details or have any questions?

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Here are 5 related questions to consider:
1. How would productivity change if the business earned $100,000 instead of $75,000?
2. What would be the productivity if the employees worked 6 days a week instead of 5?
3. How does increasing the number of employees affect the overall productivity?
4. What is the total earnings per employee based on the current productivity?
5. How would productivity differ if the business operated for 4 months instead of 3?

**Tip:** When calculating productivity, always ensure to account for all contributing factors like time, labor, and output.

Learn how to calculate productivity when a small business earns $75,000 in three months with 8 employees working 5 days a week, 8 hours a day. Get the exact productivity in dollars per hour using the provided step-by-step solution.

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