Maria produces pizzas using labor, an oven, and flour. When Maria uses 4 workers she can...
Maria produces pizzas using labor, an oven, and flour. When Maria uses 4 workers she can produce 100 pizzas per day. When she uses 8 workers, she can produce 175 pizzas per day. True or false: Maria's production function displays decreasing returns to scale.
True
or
False
Homework Answers
Answer : The statement is true .As it predict that the production function shows a decreasing return to scale because as input increase to double but production has been not increase to double.This shows that there is an decreasing return to scale in the production function.
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Maria produces pizzas using labor, an oven, and flour. When
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3. Dan needs to hire workers and use ovens to cook and serve pizzas. The number...
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