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Phydeaux Phydeaux
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6 years ago
Which statement by restaurant owners refers to diminishing marginal productivity?
A) "The higher the quality of the ingredients we use, the higher the cost of producing each meal."
B) "If we double the size of our kitchen and double everything else — kitchen staff, serving staff, equipment — we can increase the number of meals we serve, but not to double the current levels."
C) "We can increase the number of meals we serve by just adding more kitchen staff, but each additional worker adds fewer meals than the previous worker because traffic in the kitchen gets worse."
D) "We can serve the same number of meals with fewer kitchen staff, but we would have to buy more labour-saving kitchen equipment."
E) "We can serve the same number of meals with less kitchen equipment, but we would have to hire more kitchen staff."
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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6 years ago
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Phydeaux Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
ky
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Yesterday
Thanks
ky
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2 hours ago
Smart ... Thanks!
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