V Labor: Raw Material: Energy: Capital: question: 6 point(s) possible Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: 425 hours per day @ $12.00 per hour 20,000 pounds per day @ $1.50 per pound $5,000 per day $10,250 per day a) Labor productivity per labor hour for these tires = b) Multifactor productivity for these tires = tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $1,000 per day without cutting production or changing any other inputs =% (enter your resp percentage rounded to two decimal places). Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change. tires/labor hour (round your response to two decimal places). B Submit ter

a) Labor prodactwily per labor hour for these tires = th tirestabor hoiar (round your responser fo hoo decimal piaces). b) Miatifactor flocicictity for those tires = Dires/dollar (round your response fo four decimal places). percentage numblod to for chacimar pvaces). Nore. colculate the new mudifactor productiby po four docimal placos betore calculating the percenfage ohange