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A company has improved its production process. Under the old process, 19 workers could produce 4206 units per hours and the materials cost $53 per unit of output. Workers are paid $15 per hour and the finished product is sold for $126 per unit.
After the improvement, materials costs have been reduced by $12 per unit of output and it now takes 4 fewer workers to make the same amount of output.
What is the percentage change in multifactor productivity? (do not use a % sign, e.g. enter 50% as .5)
round to at least 5 decimal places
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