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snow_tiger [21]
3 years ago
11

However, Rina's decision regarding how many workers to use can vary from week to week because her workers tend to be students. E

ach Monday, Rina lets them know how many workers she needs for each day of the week. In the short run, these workers are inputs, and the ovens are inputs.

Business
2 answers:
kozerog [31]3 years ago
8 0

Answer:

N° of Workers   Output      Marginal Product of Labor        Total

                          (Pizzas)          (Pizzas per worker)            Cost

        0               0                                  -                         $20

        1              60                                 60                       $50

        2             100                                 50                     $80

        3             130                            43.33                     $110

        4             150                              37.5                     $140

        5             160                                32                      $170

In the attached graph, the number of workers is given in the X axis, and the total production production of pizzas in the Y axis.

The green line represents Rina's total production function, while the blue line represents MPL. The total cost curve is represented by the orange line.

True or <u>False</u>: The shape of the production function reflects the law of increasing marginal returns. ⇒ FALSE, THE BLUE CURVE SHOWS THE LAW OF DECREASING MARGINAL RETURNS

harkovskaia [24]3 years ago
7 0

Answer:The formula for calculating marginal product of labour is output/no of workers

Explanation:For each day ,you will divide the output by the number of workers to get the MPL

Day 1 = _ because no production took place

Day 2 = 60/1=60

Day 3 = 100/2 =50

Day 4 = 130/3 = 43.3

Day 5 = 150/4 =37.5

Day 6 =160/5 =32

This in in line with the law of diminishing marginal product of labour .

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The Industrial Revolution was characterized by the increased emphasis on production which resulted to a longer hours and less job security for most workers.

<h3>What is an Industrial Revolution?</h3>

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The Industrial Revolution was characterized by use of steam power, growth of factories, mass production etc

Therefore, the Option A is correct.

Missing options "A. increased emphasis on production, resulting in longer hours and less job security for most workers.

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The two main types of e-commerce are
ivann1987 [24]

Answer:

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ADP reports the following income statement.
oee [108]

Answer:

Forecast of 2020 net earnings = $299.2 million.

Explanation:

Note:

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Chuck has $2,500 invested in a bank that pays 4% annually. The length of time it will take for his funds to double is closest to
Arada [10]

Answer:

The answer is 17.67 years.

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Present value is $2,500

Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)

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Number of years or periods to reach this $5,000 is unknown. So we are looking for this.

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