Question: Charles Lackey can also improve the yield by purchasing a new blender. The new blender will mean an increase in his investment. This new blender

Charles Lackey can also improve the yield by purchasing a new blender. The new blender will mean an increase in his investment. This new blender will mean an increase in his costs of $100 per month, but he will achieve the same new output (an increase to 1,875.00) as the change in labor hours.
a) Current productivity for 640 work hours = loaves/dollar (round your response to three decimal places).
If Charles chooses to increase the number of work hours to 800 in order to emplop the new oven loading technique, then the productivity is= loaves/dollar (round your response to three decimal places).
b) If Charles instead chooses to purchase a new blender (while holding labor constant at 640 hours at $8 per hour), then the productivity is =, loaves/dollar (round your response to three decimal places).
c) By adding manpower, the percentage increase in productivity is ,%(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
By purchasing a new blender (while holding labor constant at 640 hours at $8 per hour), the percentage increase in productivity is %(enter your response as a percentage rounded to two decimal places and include a minus sign if necessary).
 Charles Lackey can also improve the yield by purchasing a new

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