Tim's performance pizza is a small restaurant in san diego that sells gluten-free pizzas. tim's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. tim signed a lease obligating him to pay the rent for the four ovens for the next year. because of this, and because tim's kitchen cannot fit more than four ovens, tim cannot change the number of ovens he uses in his production of pizzas in the short run.
a) fill in the blanks to complete the marginal product of labor column.
no. of workers output pizzas marginal product of labor
0 0
1 60
2 100
3 130
4 150
5 160
b) plot tim's production function (x-axis no. of workers y-axis pizzas)
c) the law of diminishing marginal product of labor is demonstrated by which of the following? (select all that apply) 1. total output increases at a decreasing rate as you increase the quantity of labor. 2. total output declines as you increase the quantity of labor. 3. total output increases only when you increase both labor and ovens.