Question: Question 2 Vera operates a specialty cake shop and she can make and sell 15 specialty cakes per day. The sales price of each specialty

Question 2 Vera operates a specialty cake shop and she can make and sell 15 specialty cakes per day. The sales price of each specialty cake is $65. Vera works 6 hours per day and she pays herself $20/hr. The material cost for each specialty cakes is S15 and the overhead cost per day is $25. (a) Calculate the daily multifactor productivity. (b) Compute the percentage change on the multifactor productivity under cach of the following situation: (1) ASI increase in material cost for each specialty cake. (i) A 10% decrease in material cost for each specialty cake. (iii) A 10% decrease in daily overhead cost

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