subject
Business, 18.06.2020 01:57 sara6689

Kevin's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Kevin's very tiny kitchen has barely enough room for the three ovens in which his workers bake the pizzas. Kevin signed a lease obligating him to pay the rent for the three ovens for the next year. Because of this, and because Kevin's kitchen cannot fit more than three ovens, Kevin cannot change the number of ovens he uses in his production of pizzas in the short run. However, Kevin's decision regarding how many workers to use can vary from week to week because his workers tend to be students. Each Monday Kevin lets them know how many workers he needs for each day of the week. In the short run, these workers are variable inputs, and the ovens are fixed inputs. Kevin's daily production schedule is presented in the following table. Fill in the blanks to complete the Marginal Product of Labor column for each worker. Output (Pizzas) Marginal Product of Labor (Pizzas) Number of Workers True or False: The shape of the production function reflects the law of diminishing marginal returns. 1. True 2. False

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 20:50, victory08
Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?
Answers: 2
image
Business, 22.06.2019 12:10, lucyamine0
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
image
Business, 22.06.2019 13:30, CristianPaz
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
image
Business, 22.06.2019 13:40, deezzzy
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
You know the right answer?
Kevin's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Kevin's ve...

Questions in other subjects: