Question $6(1$ point$)$

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A local bakery invested $$3,000$ in new ovens that were more efficient both time$-$wise and energy$-$wise. From a multi$-$factor productivity standpoint and with a comparison between this year and last year, how did the investment change the multi$-$factor productivity?

Last Year Now

Production $1,500$ pastries $1,500$ pastries

Labor $375$ hours at $$10/$hr $325$ hours at $$10/$hr

Capital Investment $$15,000$ $$18,000$

Energy $$3,000$ $$2,750$

Question $6$ options:

The investment increased productivity

The investment decreased productivity

None of the above, investments don't affect productivity calculations