Answer to Question #52917 in Microeconomics for Yana

Question #52917
Table 1 Production of pizza data
Workers Pizzas
0 0
1 4
2 10
3 15
4 18
5 19

2. Table 1 shows the change in the short run production of pizzas as more workers are hired. The table shows marginal product increasing between the 0 to 2 hired workers. A possible reason for this increased marginal product is:
a. increased wages.
b. increases in plant size.
c. decreases in fixed cost.
d. increased division of labor as additional workers are hired.
e. increased product price.
1
Expert's answer
2015-06-15T00:00:42-0400
Table 1 Production of pizza data
Workers Pizzas
0 0
1 4
2 10
3 15
4 18
5 19
2. Table 1 shows the change in the short run production of pizzas as more workers are hired. The table shows marginal product increasing between the 0 to 2 hired workers. A possible reason for this increased marginal product is:
d. increased division of labor as additional workers are hired.
Because the more workers are hired, the more products are produced.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS