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A coach led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. The

A coach led the Big Red Herrings to several disappointing football seasons. Only better recruiting will return the Big Red Herrings to winning form. The university's budget plan is to cover recruitment costs by increasing the frerage class size for a typical 3-credit course to 75 by state support of $100 per semester credit. Labor costs will increase to $6,500 per 3-credit course. Material costs will be about $30 per student for each 3-credit course. Improved recruitment will increase overhead costs to $35,000 per class section.
What is the current multifactor productivity? Round to four decimal places. [Note: Productivity =(output)/(input). Productivity growth =(current prod. - previous prod.)/(previous prod.)]
1.5429
1.7419
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