subject
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

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
question
Business, 22.06.2019 14:40
You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?
Answers: 2
question
Business, 22.06.2019 20:00
Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
question
Business, 22.06.2019 20:30
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
You know the right answer?
Larry's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Larry's ve...
Questions
question
Social Studies, 03.01.2021 22:30
Questions on the website: 13722363