Karens performance pizza is a small restraunt in ny that, Ask an Expert

Economics

karens performance pizza is a small restraunt in ny that sells gluten free pizzas karens very tiny kitchen barely has enoug room for the three ovens in which her workers bake the pizzas karen signed a lease obligating her to pay the rent for the three ovens for the next year. because of this and because of karens kitchen cannot fit more then three ovens karent cannon change the number of overs she uses in her production of pizzas in the short run,

however karent decision regarding how many workers to use can vary week to week because her workers tend to be students,. each money karen lets them know how many workers she needs for each day of the week in the short run these workers are ______ (variables or fixed) and the ovens are _______________(variable orkarent production schedule is presented in the following table fill in the blanks to complete the marginal product of labor column for each worker

number of workers Quality marginal product of labor(MPL= \(\Delta Q/ \Delta L\) )

0 0 >

1 80 >

2 150 >

3 200 >

4 220 >

5 230 >

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9471457

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