Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources: Labor Raw Material: Energy Capital: 400 hours per day @ $12.50 per hour 20,000 pounds per day @ $1.50 per pound $5,000 per day $10,000 per day Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tires per day with the following resources: Labor: Raw Material: Energy: Capital: 400 hours per day @ $12.50 per hour 21,000 pounds per day @ $1.00 per pound $5,000 per day $10,000 per day a) Labor productivity per labor hour for these tires = 2.50 tires/labor hour (round your response to two decimal places) b) Multifactor productivity for these tires = 0.0244 tires/dollar (round your response to four decimal places). c) The percent change in multifactor productivity if Fok can reduce the energy bill by $950 per day without cutting production or changing any other inputs = 2.46 % (enter your response as a percentage rounded to two decimal places) Note: calculate the new multifactor productivity to four decimal places before calculating the percentage change