The My Phuong plant produces 500 pine jewelry boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 jewelry boxes per day. What has happened to productivity? O It has increased by 20%. O It has decreased by 8.3%. O It has not changed. OIt has increased by 37.5 boxes/hr. It has decreased by 9.1%.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The My Phuong plant produces 500 pine jewelry boxes in two 10-hour shifts. Due to
higher demand, they have decided to operate three 8-hour shifts instead. They are
now able to produce 600 jewelry boxes per day. What has happened to productivity?
O It has increased by 20%.
O It has decreased by 8.3%.
O It has not changed.
OIt has increased by 37.5 boxes/hr.
It has decreased by 9.1%.
Transcribed Image Text:The My Phuong plant produces 500 pine jewelry boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 jewelry boxes per day. What has happened to productivity? O It has increased by 20%. O It has decreased by 8.3%. O It has not changed. OIt has increased by 37.5 boxes/hr. It has decreased by 9.1%.
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