Question: Question 12 (2 points) A local bakery is worried about increased costs, particularly energy. The owner of the bakery does not believe things have changed

Question 12 (2 points) A local bakery is worried

Question 12 (2 points) A local bakery is worried about increased costs, particularly energy. The owner of the bakery does not believe things have changed much, but she did invest an additional $5,000 for modifications to the bakery's ovens to make them more energy efficient. The modifications were supposed to make the ovens at least 15% more efficient. The owner has asked you to check the energy savings of the new ovens and to examine other measures of the bakery's productivity to see if the modifications were beneficial. You have the following data to work with. August September Production (dozen) 36,000 36,000 Labour (hours) 350 360 Capital Investment ($) 15,000 20,000 Energy (BTU) 3,600 3255 What is the percentage change in energy productivity? (Enter your response as a percentage rounded to two decimal places and include a minus sign if necessary.) Your Answer: Your

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