Charles Lackey operates a bakery in IdahoFalls, Idaho. Because of its excellent product and excellentlocation, demand has increased by 55% in the last year. On far too manyoccasions, customers have not been able to purchase the bread of their choice. Because of the size of thestore, no new ovens can be added. At a staffmeeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. This new process will require that the ovens be loaded byhand, requiring additional manpower. This is the only production change that will be made in order to meet the increased demand. The bakery currently makes 1,800 loaves per month. Employees are paid $8 per hour. In addition to the laborcost, Charles also has a constant utility cost per month of $650 and a per loaf ingredient cost of $0.50.

Current Multifactor Productivity = 0.270 loaves/dollar

After increasing Multifactor Productivty = 0.280 loaves/dollar

c/ The percentage increase in productivity = (----)%

(enter your response as a percentage rounded to two decimal places).