Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
doggerfresh doggerfresh
wrote...
Go to Answer
Posts: 135
Rep: 0 0
A year ago
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 28 times
1 Reply
Replies
Answer verified by a subject expert
shichihenge7shichihenge7
wrote...
#1
Posts: 132
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 1100 words.
1

Related Topics

doggerfresh Author
wrote...

A year ago
This helped my grade so much Perfect
oscar520000
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
tcat
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1249 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 241
  
 871
  
 260
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Who will win the 2024 president election?