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A hamburger factory produces 55,000 hamburgers each week. The equipment used costs $15,000 and will remain productive for three years. The labor cost per year is $11,500. a. What is the productivity measure of "units of output per dollar of input" averaged over the three-year period? Assume that there are 52 weeks per year. Round your answer to one decimal place. Productivity: hamburgersfdollar b. We have the option of $19,000 equipment, with an operating life of four years. It would reduce labor costs to $9,000 per year. Should we consider purchasing this equipment [using productivity arguments alone]? Assume that there are 52 weeks per year. Round your answer for productivity to one decimal place. For the expensive machine, productivity is hamburgers/dollar input. Because the productivity of the expensive machine 1! -Select- , it would be a -Select- v investment based on this single criterion. higher lowerFor the expensive machine, productivity:r is hamburgersfdollar input. Because the productivity of the expensive machine is | -5elect v . it would be I |investment based on this single criterion. good bad