1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olasank [31]
3 years ago
9

Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for

$5. Number of Workers Pizzas Baked Per Day 0 0 1 10 2 18 3 24 4 30 5 32 How many workers will Joe hire if he must pay each one $35 a day?
Business
1 answer:
Novay_Z [31]3 years ago
7 0

Answer:

Joe's Pizza Parlor

The highest number of workers that Joe will hire if he must pay each one $35 a day is

4 workers.

If he wants to maximize his profits without satisfying customers' demand, Joe can choose to work with 2 or 3 workers.  However, he can renegotiate the worker's wages downwards.

Explanation:

a) Data and Calculations:

Price of pizza = $5

Wage per worker = $35/day

Number of Workers         0     1      2      3        4       5

Pizzas Baked Per Day      0    12   18     24     30     32

Total revenue                   0   60  90   120    150    160

Marginal revenue             0   60  30    30      30      10

Marginal cost of labor      0    35  70   105    140    175

Profit                                 0    25  20     15      10     -15

 

You might be interested in
Why do you think that forensic scientists continue to look for class characteristics given their limitations? crime and investig
Black_prince [1.1K]
I believe, continue to look for the class characteristics because it helps their case in the court room and shows how everything links<span> to the other evidence pieces.

(I am obsessed with investigations and crimes and especially forensics in every way possible tell me if you have any more questions in this subject)</span>
8 0
3 years ago
Read 2 more answers
Governor of central bank of Nigeria​
Oduvanchick [21]

Answer:

Godwin Emefiele

Explanation:

Governor - Since 6/3/2014. Godwin Emefiele is the Governor of the Central Bank of Nigeria (CBN).

5 0
2 years ago
Time lags associated with policy decision making and implementation suggest that______.a.increases in spending to fight a recess
arlik [135]

Answer:

B) increases in spending to fight a recessionary gap may occur too late.

Explanation:

Time lags refers to the time that passes between making a decision and implementing the decision. For example, the FED announces its intention to increase or decrease their interest rate with a lot of anticipation, and sometimes it would be better if they just did it.

Politicians are famous for talking a lot and doing very little, and that happens in every country in the world. During recessions words aren't needed, actions are needed. The problem is that many times words are abundant and actions are scarce. A small problem that is not dealt swiftly and properly can become a huge problem.

5 0
3 years ago
Which one of the following items is not generally used in preparing a statement of cash flows? Group of answer choices Adjusted
Katena32 [7]

Answer:

Adjusted trial balance

Explanation:

In financial accounting, statement of cash flow can be regarded as a financial statement which give details of how changes that occur in balance sheet accounts as well as income have effect on cash as well as cash equivalents, it also helps in breaking down of analysis to operating as well as investing and other financing activities.

It should be noted that the following items are generally used in preparing a statement of cash flows;

✓Comparative balance sheets

✓Current income statement

✓Additional information

5 0
2 years ago
When the government changes either its spending or tax policy to pursue economic objectives, it has changed its:___.
Debora [2.8K]

Answer:

A. fiscal policy. and C. monetary policy.

Explanation:

What is Fiscal Policy?

The government's use of taxes, spending, and transfer payment to promote economic growth and stability.

What is Monetary Policy?

The action the Fed takes to control the money supply and the rate of inflation in the economy.

8 0
2 years ago
Other questions:
  • Shankar Company uses a periodic system to record inventory transactions. The company purchases inventory on account on February
    6·1 answer
  • Which of the following would increase assets and increase liabilities?A. Provide services to customers on account.B. Purchase of
    12·1 answer
  • Which economic factor contributed most directly to the start of the great depression?
    13·1 answer
  • Ron operates a garbage pickup business. he contracts to pick up garbage from an apartment complex for the next 52 weeks at a pri
    12·2 answers
  • If hawkins manufacturing purchased $13,000 in metal, $6,000 in cloth, and $2,000 in cleaning supplies, the raw materials invento
    15·1 answer
  • Identify whether each statement describes the market period, the short run, or the long run.A.Output and the number of firms are
    7·1 answer
  • When a hard-copy document needs to be added to the ehr, the healthcare professional uses a ________________ to capture the docum
    15·1 answer
  • ________ are persons who act as catalysts and assume the responsibility for managing refinement activities.A) Early adoptersB) F
    11·1 answer
  • From the list below, choose the items that are classified as a materials activity(You may select more than one answer.
    14·1 answer
  • 3. If you are the victim of fraud in Oklahoma, the best place to start is by
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!