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Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes tires per day with the following resources: Labor: hours per day

Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes tires per day with the following resources: Labor: hours per day @ $ per hourRaw Material: pounds per day @ $ per poundEnergy:$ per dayCapital:$ per dayPart 2a) Labor productivity per labor hour for these tires =2.82 tires/labor hour (round your response to two decimal places).Part 3b) Multifactor productivity for these tires =0.0238 tires/dollar (round your response to four decimal places).Part 4c) The percent change in multifactor productivity if Fok can reduce the energy bill by $ per day without cutting production or changing any other inputs = enter your response here%(enter your response as a percentage rounded to two decimal places).

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