Home /
Expert Answers /
Economics /
all-the-blank-space-and-question-please-nbsp-2-inputs-and-outputs-alyah-39-s-pizzas-is-a-takeout-onl-pa855
(Solved): All the blank space and question please. 2. Inputs and outputs Alyah's Pizzas is a takeout-onl ...
All the blank space and question please.
2. Inputs and outputs Alyah's Pizzas is a takeout-only paza parfor servioing the college campus of Morgantown that specializes in vegan pizzas. Aliyah's small shop has barely enough room for customers to stand and wait, let alone the four piazs ovens necessary to keep up with the hungry student customers. Alyah signed a lease renting both the four ovens and the storefront for the next year. Due to the terms of the lease and the buliding's size constraint, Aliyah is unable to change the store's number of pizza ovens in the short run. However, Allyah does face a decision regarding the number of employees to schedule on a weekly basis. Every Sunday, Allyah contacts the stalf to communicate the amount of workers needed on each day of the upcoming week. in the short run, the store employees are vilinputs, and pizza ovens are inouts. The following table presents Aiyah's dally production schedule. Fill in the blanks to complete the Marginal Product of Labor column for evch worker.
On the following graph, plot Alyah's production function using the green points (triangle symbol). Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. Hint: Be sure to plot the first point at \( (0,0) \). Suppose that Miveh's only variabie cost is Laben Ascume that Aliyah faces daily fixed costs of \( \$ 20 \) and pays al workets the came dally wage of 330 .
Suppose that Alyeh's only variable cost is labor. Assume that Aliyah faces dally fixed costs of \( \$ 20 \) and pays all workers the same daily wage of \( \$ 30 \). Use the orange points (square symbol) to plot Alyah's total cost curve on the following graph using the quantities from the preceding table. True or False: The shape of the production function refiects the law of increasing marginal returns. True False