Use the following to answer questions 8-9: The owner of a greenhouse and nursery is considering whether to spend $8,000 to acquire the licensing rights to grow a new variety of lily, which she could then sell for $10 each. The variable costs associated with growing each plant are $6. 8. What would be the profit or loss if she sold 7000 lilies? A) $30,000 $23,000 $20,000 $18,000 E) $14,500 9. How many lilies would she have to produce and sell in order to break even? A) 2,000 B) 2,400 C ) 1,500 D) 1,750 E) 900 Use the following to answer questions 10-12: Week Output Labor Cost Material Cost Energy Cost 10,000 $500 $2,000 $1,200 WNH 10,500 $500 $2,100 $1,400 12,000 $700 $2,400 $1,900 10. What was the multi-factor productivity in terms of units/dollar for week 1? A) 2.40 units/$ B) 2.50 units/$ C) 2.60 units/$ D) 2.70 units/$ E) 2.80 units/$ 11. What was the multi-factor productivity in terms of units/dollar for week 2? A) 2.43 units/$ B) 2.63 units/$ C) 2.83 units/$ D) 3.13 units/$ E) 3.33 units/$ 12. Approximately what was the rate of productivity growth from week one to week two? (Please use the figures as rounded to two decimal places in #10 and 11 above.) A) -2.6% B) -3.2% C) -3.6% 4.2% 5.6%