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Author Question: The table shows the output of pizzas for a given number of workers (L) and number of pizza ovens ... (Read 151 times)

lol1012

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on: Nov 23, 2022
The table shows the output of pizzas for a given number of workers (L) and number of pizza ovens (K). The pizza company can hire anywhere between 1 and 3 workers and can rent 1 or 2 pizza ovens. Pizzas sell for $11 each.
​Number of Workers (L)
Number of Pizza Ovens (K)123
14​7​9​
25​9​12​
Suppose the wage is $33 a day. How many workers would you hire if you had one pizza oven? How many workers would you hire if you had two pizza ovens? Are pizza ovens labor-saving or labor-complementary?
◦ 2 workers, 3 workers, labor-complementary
◦ 3 workers, 2 workers, labor-complementary
◦ 3 workers, 2 workers, labor-saving
◦ 2 workers, 3 workers, labor-saving
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by lol1012 on Nov 23, 2022

Sophia0717

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lol1012

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Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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