subject
Business, 03.12.2019 23:31 reearamrup27

Devra gartenstein, a restaurant owner, made the following observation about preparing food: "cooks become increasingly less productive as a kitchen becomes increasingly crowded." source: devra gartenstein, "law of diminishing marginal returns in restaurant operations," smallbusiness. chron.

what do economists call the problem she is describing? what are its implications for the marginal product of labor for cooks?
(a) diminishing marginal returns, where additional cooks produce less additional output.
(b) increasing marginal returns, where additional cooks produce additional output.
(c) fixed inputs, where additional cooks do not produce additional output.
(d) negative marginal returns, where additional cooks reduce the output produced.

do restaurant owners have a solution to this problem in the long run? briefly explain.
(a) yes, restaurant owners can solve this problem by adding more cooks.
(b) yes, restaurant owners can vary the size, or number, of kitchens.
(c) no, restaurant owners cannot solve this problem.
(d) yes, it is possible to solve this problem with economies of scale.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 08:30, aasiarobinson998
What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?
Answers: 1
image
Business, 22.06.2019 15:00, samanthamunevar7218
Which of the following is least likely to a team solve problems together
Answers: 1
image
Business, 22.06.2019 18:00, theflash077
Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less
Answers: 1
image
Business, 22.06.2019 20:00, javonteoshamccaliste
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
You know the right answer?
Devra gartenstein, a restaurant owner, made the following observation about preparing food: "cooks...

Questions in other subjects:

Konu
Social Studies, 14.10.2020 19:01