Business, 22.04.2021 18:50, davisnaziyahovz5sk
Larry's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Larry's very tiny kitchen barely has enough room for the two ovens in which his workers bake the pizzas. Larry signed a lease obligating him to pay the rent for the ovens for the next year. Because of this, and because Larry's kitchen cannot fit more than two ovens, Larry cannot change the number of ovens he uses in his production of pizzas in the short run.
However, Larry's decision regarding how many workers to use can vary from week to week, because his workers tend to be students. Each Monday, Larry lets them know how many workers he needs for each day of the week. In the short run, these workers are (fixed/variable) inputs, and the ovens are (fixed/variable) inputs.
Larry's production schedule is presented in the following table. Fill in the blanks to complete the Marginal Physical Product of labor column for each worker.
Number of Workers Output (Pizzas per day) Marginal Physical Product of labor (Pizzas per day)
0 0
1 50
2 90
3 120
4 140
5 150
Answers: 3
Business, 22.06.2019 04:00, cameronbeaugh
Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.
Answers: 1
Business, 22.06.2019 19:00, bussbhsvssu557
The market demand curve for a popular teen magazine is given by q = 80 - 10p where p is the magazine price in dollars per issue and q is the weekly magazine circulation in units of 10,000. if the circulation is 400,000 per week at the current price, what is the consumer surplus for a teen reader with maximum willingness to pay of $3 per issue?
Answers: 1
Larry's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Larry's ve...
Mathematics, 18.08.2021 09:50
Mathematics, 18.08.2021 14:00
Health, 18.08.2021 14:00
Mathematics, 18.08.2021 14:00
Mathematics, 18.08.2021 14:00
Mathematics, 18.08.2021 14:00
Social Studies, 18.08.2021 14:00